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Pelican Reef Apartments 3802 Nasa Rd

89 Unit Apartment Building $9,250,000 ($103,933/Unit) Seabrook, TX 77586

INVESTMENT HIGHLIGHTS

  • Resort-style swimming pool, fitness center, and dog park
  • Beautifully landscaped grounds and pet-friendly environment
  • Wood-style flooring, walk-in closets, and ecoconscious lighting
  • Picnic area with barbecue, business center, and laundry facility
  • New stainless steel appliances, granite countertops, and shaker-style cabinetry
  • High-speed fiber internet, upgraded water systems, and private patios/balconies

EXECUTIVE SUMMARY

Pelican Reef Apartments is ideally situated near a variety of amenities.
Residents can enjoy close proximity to shopping, dining, entertainment,
and recreational opportunities. The community is just a short distance
from the Gulf of Mexico, making beach visits and waterfront activities
easily accessible. Nearby parks and trails offer additional options for
outdoor enthusiasts.
.
Additionally, the area is part of the Clear Creek Independent School
District, with schools such as Ed H White Elementary (1.2 miles away)
and Seabrook Intermediate (2 miles away), adding convenience for
families. The property is also close to local attractions like Kemah
Boardwalk, known for its waterfront dining and amusements, and
various marinas for boating enthusiasts.

PROPERTY FACTS

Price $9,250,000
Price Per Unit $103,933
Sale Type Investment
No. Units 89
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.28 AC
Building Size 85,552 SF
Average Occupancy 91%
No. Stories 2
Year Built 1968
Parking Ratio 2.36/1,000 SF

UNIT AMENITIES

  • Dishwasher
  • Disposal
  • High Speed Internet Access
  • Refrigerator
  • Oven

SITE AMENITIES

  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Gated
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - 540
1+1 73 - 680 - 745
2+1 4 - 969
2+2 4 - 969

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0410080080024
Land Assessment
$1,219,680
Improvements Assessment
$6,389,716
Total Assessment
$7,609,396

ZONING

Zoning Code None
None
  • Listing ID: 33908486

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 3802 Nasa Rd, Seabrook, TX 77586

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