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6205 Jackson Rd, Hitchcock, TX 77563

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Building Details:

• Year Built: 1975

Subject property is roughly 7.5 miles from Texas City's Oil/Gas District, and 16 miles to Galveston, and just over 35 miles to Houston More than 55% of households are married couple families; 36%are couples with no children living at home. Average household size is slightly smaller at 2.43. Most households have one or two vehicles. Nearly 60%have attended college or hold a degree. Unemployment is lower at 8%, but so is labor force participation at 60%.

Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For lease: Negotiable
29 unit multifamily apartment complex located just outside of Galveston. Premium location. 6.16% Cap Rate! The subject property is just a 23 minute drive from the Seawall. Rent could be raised quite a bit to reach market competition. Positive reviews of the apartments from tenants online. The manager has expressed interest in staying onsite for new ownership. Value Add: There is enough room to add an additional 6 units to the property. All of the Central air and heat systems have been replaced with high-efficiency units. Most of the interior units have been completely re-positioned with premium finishes including stainless appliances and new fixtures. Owner is adding a coin serviced laundromat on the property. « show less 29 unit multifamily apartment complex located just outside of Galveston. Premium location. 6.16% Cap Rate! The subject property is just a 23... show more » View Details 29 unit multifamily apartment complex located just outside of Galveston. Premium location. 6.16% Cap Rate! The subject property is just a 23 minute drive from the Seawall. Rent could be raised quite a bit to reach market competition. Positive reviews of the apartments from tenants online. The manager has expressed interest in staying onsite for new ownership. Value Add: There is enough room to add an additional 6 units to the property. All of the Central air and heat systems have been replaced with high-efficiency units. Most of the interior units have been completely re-positioned with premium finishes including stainless appliances and new fixtures. Owner is adding a coin serviced laundromat on the property. Pricing: Negotiable Availability: Now Listing ID: 3161328 Save to list

Multi-Family Space

For lease: Negotiable

29 unit multifamily apartment complex located just outside of Galveston. Premium location. 6.16% Cap Rate! The subject property is just a 23... show more »

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6205 Jackson Rd, Hitchcock, TX 77563

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