JD McKay
Capitol Ranch Real Estate, LLC
Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base.
The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
Directions: Seawall West to Cove View Blvd, right on Cove View. The Palms is on the right.
JD McKay
Capitol Ranch Real Estate, LLC
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Listed By: Tammy Petterson of Utr Texas, Realtors - (832) 221-8755