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4217 Sealy St 12 Unit Apartment Building $1,389,989 CAD ($115,832 CAD/Unit) Galveston, TX 77550
EXECUTIVE SUMMARY
Position your portfolio for strong returns with this 12-unit multifamily asset at 4217 Sealy Street in Galveston. Presented exclusively by Partners, this two-story, 9,120 SF building offers investors a rare combination of scale, affordability, and location in one of the Gulf Coast’s most resilient rental markets. Built in 1965 and renovated in 2024, the property features solid construction and functional layouts across its 14 units, providing a stable foundation for future value-add improvements. Situated on a 7,200 SF lot, the asset is just minutes from the Galveston Seawall, UTMB, and downtown’s employment and entertainment hubs. Priced at $999,999, this offering is well below replacement cost, giving investors immediate equity upside and the opportunity to reposition through interior upgrades and operational efficiencies. Whether targeting long-term renters or capitalizing on Galveston’s robust short-term rental demand, 4217 Sealy St is a compelling addition to any multifamily portfolio.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,389,989 CAD | Lot Size | 0.17 AC |
| Price Per Unit | $115,832 CAD | Building Size | 9,216 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2010 |
| Property Subtype | Apartment | Parking Ratio | 0.54/1,000 SF |
| Building Class | C | ||
| Zoning | MF1 | ||
| Price | $1,389,989 CAD |
| Price Per Unit | $115,832 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,216 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2010 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | MF1 |
AMENITIES
UNIT AMENITIES
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 4093-0000-0004-000 | Improvements Assessment | $2,049,287 CAD |
| Land Assessment | $134,962 CAD | Total Assessment | $2,184,249 CAD |
PROPERTY TAXES
Parcel Number
4093-0000-0004-000
Land Assessment
$134,962 CAD
Improvements Assessment
$2,049,287 CAD
Total Assessment
$2,184,249 CAD
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4217 Sealy St
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