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2805 Church st - Downtown Lofts 8 Unit Apartment Building Offered at $1,802,372 CAD at a 8.43% Cap Rate Galveston, TX 77550

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INVESTMENT HIGHLIGHTS

  • New Construction
  • Rooftop
  • Stainless Steel Appliances
  • Private Balcony

EXECUTIVE SUMMARY

2805 Church Street Apartments is a newly constructed multifamily property offering a modern coastal living experience in the heart of Galveston. Designed with both lifestyle and durability in mind, this contemporary asset features open-concept floor plans with abundant natural light, expansive windows, and private balconies in every unit.
Each apartment is finished with sleek stainless-steel appliances, modern cabinetry, and clean, contemporary design elements that appeal to today’s renters. The building’s standout feature is a full-roof rooftop terrace spanning the entire roof surface, delivering unobstructed panoramic views of the harbor, cruise ships, and downtown Galveston—an exceptional amenity rarely found in the submarket.
Ideally located just steps from Church Street and the historic Strand District, residents enjoy walkable access to Galveston’s top restaurants, cafés, retail, and entertainment. The property is also conveniently positioned near the seawall, beach, cruise terminals, UTMB, and Texas A&M Galveston, making it highly attractive to students, professionals, and coastal lifestyle renters alike.
With its new construction, premium amenities, and irreplaceable location, 2805 Church Street Apartments represents a compelling opportunity for investors seeking a low-maintenance, high-appeal multifamily asset in one of Galveston’s most vibrant and supply-constrained neighborhoods.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,802,372 CAD
Price Per Unit $225,297 CAD
Sale Type Investment
Cap Rate 8.43%
No. Units 8
Property Type Multifamily
Apartment Style Mid-Rise
Lot Size 0.06 AC
Construction Status Under Construction
Building Size 3,500 SF
No. Stories 3
Year Built 2026
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3505-0388-0006-001
Land Assessment
$83,062 CAD
Improvements Assessment
$0 CAD
Total Assessment
$83,062 CAD
  • Listing ID: 39032420

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 2805 Church st, Galveston, TX 77550

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