Ocean Front Lofts 801 Avenue K 8 Unit Apartment Building $1,300,000 ($162,500/Unit) 9.41% Cap Rate Galveston, TX 77550

Discover a Rare Investment Opportunity in Galveston – Ocean Front Lofts
Unlock the potential of this meticulously crafted 8-unit apartment building in Galveston, a city renowned for its historic charm, strong economic vitality, and unparalleled coastal allure. Located just 45 minutes from Houston, Galveston draws over 7 million tourists annually, ensuring a vibrant short- and long-term rental market. With the University of Texas Medical Branch (UTMB) and the bustling Port of Galveston as economic anchors, this property benefits from a consistent influx of professionals and students seeking high-quality housing.
Luxury Meets Location
Ocean Front Lofts combines contemporary luxury with exceptional proximity to Galveston's top attractions. Situated within walking distance of UTMB Hospital and the beach, these newly constructed units showcase:
Breathtaking Ocean Views for a serene living experience.
Private Balcony for each unit overlooking the Ocean
High-End Interiors featuring porcelain flooring, quartz countertops, marble showers, and recessed lighting.
Modern Amenities including stainless steel appliances and in-unit washer-dryers.
Elegant Kitchens & Baths with chef-worthy layouts, spa-inspired rain showers, and marble finishes.