2002 27th Street, Galveston

Investment Opportunity on Galveston Island near the tourist destination "25th Street Pleasure Pier" and the Seawall. Eight units that are each two bedrooms with one full bath. Each unit is approximately 728 square feet and have spacious kitchen and living areas. The property historically has been an apartment complex, but has been vacant and extensively renovated over the past year and a half. The new owner may want to vacation rental each unit, convert to condominiums or keep as apartments (Buyer to confirm city permitting). Most of the units were taken down to the studs or partial sheetrock. The renovations are very extensive and some of the big items are new roof, new Hardi siding, 8 new AC units, upgraded electrical, flooring, appliances, kitchen remodels, moen faucets, high efficiency Jacuzzu toilets, Trex decking on upper balcony and landscaping. This is a rare opportunity to own an income producing property near the seawall and Pleasure Pier.