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NewNew construction
$8,198,000
7-Unit Multifamily in Galveston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$1.17M
Within ~40 mi (216)$96K
Texas median (1,029)$100K
- $/unit
- $1,171,143
- ▲ 1071% vs TX · 100th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 7
Financials
- Asking price
- $8,198,000
- Price per unit
- $1,171,143
- Price per sq ft
- $271
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 7
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 30,272 sq ft
- Avg unit size
- 4,325 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1407
About this property
Highlights
- High Occupany
- Long term tenants
- 2025 Construction
- Luxury apartment property
- New construction with modern design, ensuring reduced maintenance and premium rents.
- Prime location within walking distance to UTMB and Galveston’s beaches
- Public Transportation
- Airport
- Drive
- Walk
- Distance
- William P Hobby
- 57 min
- -
- 41.1 mi
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Galveston, TXHigh yieldNew construction | $1.1M | $138K$138K | 9% |
 Galveston, TX | $950K | $95K$95K | — |
| Galveston, TX NewNew construction | $1.1M | $138K$138K | — |
 Galveston, TXHigh yieldNew construction | $1.3M | $162K$162K | 9.7% |
 Galveston, TXHigh yieldStabilized | $1.04M | $173K$173K | 8.5% |
 Galveston, TXValue-add | $2.5M | $125K$125K | — |