725 Broadway St, Galveston, Texas

Description

Partners is pleased to present the opportunity to own a 16-unit multifamily property with historic charm at 717-725 Broadway St, Galveston, TX. This property is located just a block away from Stewart Beach and nearby the University of Texas Medical Branch (UTMB), the Shriners Hospital for Children, and the Port of Galveston Cruise Terminal. This property contains a unique mix of 10 efficiency units and 2 smaller 1/1 units in the building on 725 Broadway, and 4 larger 1/1 units in the 717 Broadway building. All the units at 717 Broadway still have the original hardwood flooring and have undergone renovations to the common area as well. Units in both buildings have had complete renovations to the kitchens in 2021 & 2025 with new flooring, appliances, and countertops. This unique property that blends with the Victorian-era charm of Galveston and proximity to major job centers provide an attractive investment opportunity for a new operator.

Directions: Head east on Broadway from Houston, property is on the corner of Broadway and 8th St just before the seawall.