1 / 98-Unit Multifamily in Galveston, TX
TX · listed Jul 14, 2025 (471 days)
- $/unit
- $137,500
- ▲ 38% vs TX · 69th pct
- Cap rate
- 9%
- ▲ 1.7 pts vs TX median
- NOI
- $99K
- $12,433/unit/yr
- Units
- 8
- 1 bldg · 2025
Financials
- Asking price
- $1,100,000
- Price per unit
- $137,500
- Price per sq ft
- $573
- Gross rent / year
- Not stated
- Net operating income
- $99,467
- NOI per unit
- $12,433
- Cap rate
- 9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 2025
- Building size
- 1,920 sq ft
- Avg unit size
- 240 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 14, 2025
- Days on market
- 471 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1749
About this property
This brand-new apartment complex effortlessly blends style, practical space design and convenience, offering a
modern living experience like no other. The sleek stainless steel appliances in the kitchen elevate daily tasks, making
cooking and entertaining a breeze. The open layout maximizes natural light, creating a bright, airy, and inviting space
that feels both spacious and intimate. Big windows further enhance the home's connection to the vibrant
surroundings. This is a location like no other with the Bach only a few blocks away and other destinations like UTMB
and Universities within walking distance.
Nestled in a thriving Galveston community, you'll be just steps away from the island's best attractions. Explore a
variety of exceptional restaurants, cafes, and shops along the iconic Strand and Church Street, or take a leisurely
stroll to the historic seawall and soak in the stunning coastal views. Whether you're savoring fresh seafood at a
waterfront bistro, enjoying the lively nightlife, or relaxing on the beach, there's always something to do.
8 Studios - New construction - incredible location next to UTMB hospital and University
Highlights
Discover a Rare Investment Opportunity in Galveston – The Campus Studios
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 and is perfectly located just blocks away from the UTMB campus and the beach.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Galveston, TX NewNew construction | $8.2M | $1.17M$1.17M | — |
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 | — |



