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Pelican Reef Apartments 3802 Nasa Rd 89 Unit Apartment Building $12,487,040 CAD ($140,304 CAD/Unit) Seabrook, TX 77586



INVESTMENT HIGHLIGHTS
- Resort-style swimming pool, fitness center, and dog park
- Beautifully landscaped grounds and pet-friendly environment
- Wood-style flooring, walk-in closets, and ecoconscious lighting
- Picnic area with barbecue, business center, and laundry facility
- New stainless steel appliances, granite countertops, and shaker-style cabinetry
- High-speed fiber internet, upgraded water systems, and private patios/balconies
EXECUTIVE SUMMARY
Full potential of coastal living and investment with Pelican Reef Apartments, a well-positioned multifamily asset located just minutes from the Gulf of Mexico in the heart of Seabrook, Texas. This property offers an exceptional opportunity to own in a high-demand market where lifestyle, location, and long-term upside converge. Surrounded by top-tier shopping, dining, and entertainment, and offering easy access to local marinas and waterfront recreation, the property appeals to today’s renters seeking convenience and coastal charm. Residents enjoy walkable access to parks and trails, supporting an active lifestyle, and families benefit from being zoned to Clear Creek ISD—with Ed H White Elementary just 1.2 miles away and Seabrook Intermediate 2 miles away.
Just minutes from the Gulf, Pelican Reef Apartments is perfectly positioned to capture consistent rental demand fueled by year-round tourism, beach access, and the area's vibrant waterfront culture. Nearby, the Kemah Boardwalk serves as a major regional draw, featuring restaurants, amusements, and frequent events that bring steady foot traffic and rental interest to the area. Whether you’re looking to expand your portfolio or reposition a property in a rapidly appreciating coastal market, Pelican Reef Apartments offers an exceptional blend of location, lifestyle, and long-term investment potential.
Just minutes from the Gulf, Pelican Reef Apartments is perfectly positioned to capture consistent rental demand fueled by year-round tourism, beach access, and the area's vibrant waterfront culture. Nearby, the Kemah Boardwalk serves as a major regional draw, featuring restaurants, amusements, and frequent events that bring steady foot traffic and rental interest to the area. Whether you’re looking to expand your portfolio or reposition a property in a rapidly appreciating coastal market, Pelican Reef Apartments offers an exceptional blend of location, lifestyle, and long-term investment potential.
PROPERTY FACTS
| Price | $12,487,040 CAD | Building Class | C |
| Price Per Unit | $140,304 CAD | Lot Size | 3.58 AC |
| Sale Type | Investment | Building Size | 85,552 SF |
| No. Units | 89 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Garden | Parking Ratio | 2.36/1,000 SF |
| Zoning | None | ||
| Price | $12,487,040 CAD |
| Price Per Unit | $140,304 CAD |
| Sale Type | Investment |
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.58 AC |
| Building Size | 85,552 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.36/1,000 SF |
| Zoning | None |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- High Speed Internet Access
- Refrigerator
- Oven
SITE AMENITIES
- Courtyard
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Gated
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 540 |
| 1+1 | 73 | - | 680 - 745 |
| 2+1 | 4 | - | 969 |
| 2+2 | 4 | - | 969 |
PROPERTY TAXES
| Parcel Number | 0410080080024 | Improvements Assessment | $6,648,146 CAD |
| Land Assessment | $1,719,871 CAD | Total Assessment | $8,368,017 CAD |
PROPERTY TAXES
Parcel Number
0410080080024
Land Assessment
$1,719,871 CAD
Improvements Assessment
$6,648,146 CAD
Total Assessment
$8,368,017 CAD
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Pelican Reef Apartments | 3802 Nasa Rd
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