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615 W Avenue A 5 Unit Apartment Building $4,245,822 CAD ($849,164 CAD/Unit) Port Aransas, TX 78373
Investment Highlights
- Strong Short and Long Term Rental Market
- Low Maintenance
- Near Completion w/ Defined Completion Budget (~55k)
Executive Summary
CALL or TEXT: 346-519-7882
(Note: Serious investors are encouraged to submit their best offer. All offers will be reviewed.)
Encore Acquisitions is offering a rare opportunity in Port Aransas — a brand-new 5-unit multifamily townhome community that is nearly complete, with just a small amount of work needed to get it fully rent-ready ahead of the Summer high-season. This is the kind of coastal asset that checks every box for investors looking for short-term vacation rental income, long-term rental demand, or a hybrid strategy.
5 Total Units With 2 Shared Pools
Unit Mix:
- Three (3) Large Luxury Townhomes
4 Bed | 4 Bath
3 Stories w/ Rooftop Terraces & Gulf Views
1,680-1,778 SF + rooftop terrace
2-Car Attached Garages
Elevator Capable
Gas fireplaces
- Two (2) Smaller Townhomes
1 Bed | 1 Bath
2 Stories w/ 2nd Floor Balconies
580 SF
1-Car Attached Garages
Completion Status:
The property is nearly complete, with an estimated $55,000 total remaining to finish and get it fully rent-ready. We already have a bid from a local contractor to complete the remaining work.
Rental Potential:
- 4 Bedroom Units
Short-Term Rental: $450/night (low season) up to $1,400/night (high season)
Long-Term Rental: $7,000–$9,000/month
- 1 Bedroom Units
Short-Term Rental: $200/night (low season) up to $400/night (high season)
Long-Term Rental: $2,000+/month
This property is positioned in a highly desirable Port Aransas pocket:
- Minutes from the marina
- Close to local dining + shopping
- Short walk/drive to the beach
Design + Build Quality:
This community was designed to feel like a modern beach resort, with finishes that will hold up long-term and remain attractive to renters:
- Neutral tile flooring + timeless color palette
- Stone countertops
- Decorative tile in kitchens + bathrooms
- Tankless water heaters
- Modern metal floating staircases
- Low-maintenance exterior (minimal landscaping/yard)
Why Investors Love This Deal:
- New construction coastal inventory is extremely limited
- Strong STR demand + high nightly rate upside
- Long-term rental numbers are also very strong
- Nearly complete with a defined completion budget
- Premium unit features (garages, rooftop terraces, pools)
CALL or TEXT: 346-519-7882
(Note: Serious investors are encouraged to submit their best offer. All offers will be reviewed.)
(Note: Serious investors are encouraged to submit their best offer. All offers will be reviewed.)
Encore Acquisitions is offering a rare opportunity in Port Aransas — a brand-new 5-unit multifamily townhome community that is nearly complete, with just a small amount of work needed to get it fully rent-ready ahead of the Summer high-season. This is the kind of coastal asset that checks every box for investors looking for short-term vacation rental income, long-term rental demand, or a hybrid strategy.
5 Total Units With 2 Shared Pools
Unit Mix:
- Three (3) Large Luxury Townhomes
4 Bed | 4 Bath
3 Stories w/ Rooftop Terraces & Gulf Views
1,680-1,778 SF + rooftop terrace
2-Car Attached Garages
Elevator Capable
Gas fireplaces
- Two (2) Smaller Townhomes
1 Bed | 1 Bath
2 Stories w/ 2nd Floor Balconies
580 SF
1-Car Attached Garages
Completion Status:
The property is nearly complete, with an estimated $55,000 total remaining to finish and get it fully rent-ready. We already have a bid from a local contractor to complete the remaining work.
Rental Potential:
- 4 Bedroom Units
Short-Term Rental: $450/night (low season) up to $1,400/night (high season)
Long-Term Rental: $7,000–$9,000/month
- 1 Bedroom Units
Short-Term Rental: $200/night (low season) up to $400/night (high season)
Long-Term Rental: $2,000+/month
This property is positioned in a highly desirable Port Aransas pocket:
- Minutes from the marina
- Close to local dining + shopping
- Short walk/drive to the beach
Design + Build Quality:
This community was designed to feel like a modern beach resort, with finishes that will hold up long-term and remain attractive to renters:
- Neutral tile flooring + timeless color palette
- Stone countertops
- Decorative tile in kitchens + bathrooms
- Tankless water heaters
- Modern metal floating staircases
- Low-maintenance exterior (minimal landscaping/yard)
Why Investors Love This Deal:
- New construction coastal inventory is extremely limited
- Strong STR demand + high nightly rate upside
- Long-term rental numbers are also very strong
- Nearly complete with a defined completion budget
- Premium unit features (garages, rooftop terraces, pools)
CALL or TEXT: 346-519-7882
(Note: Serious investors are encouraged to submit their best offer. All offers will be reviewed.)
Property Facts
| Price | $4,245,822 CAD | Building Class | C |
| Price Per Unit | $849,164 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 10,709 SF |
| No. Units | 5 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Townhome | ||
| Zoning | Multi - Short Term Rental | ||
| Price | $4,245,822 CAD |
| Price Per Unit | $849,164 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,709 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | Multi - Short Term Rental |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Tub/Shower
- Breakfast Nook
- Double Pane Windows
- Handrails
- Instant Hot Water
- Large Bedrooms
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Pool
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Roof Terrace
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 3 | - | 1,680 - 1,778 |
| 1+1 | 2 | - | 580 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,583,082 CAD | |
| Land Assessment | $829,281 CAD | Total Assessment | $3,412,362 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$829,281 CAD
Improvements Assessment
$2,583,082 CAD
Total Assessment
$3,412,362 CAD
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Encore Acquisitions
615 W Avenue A
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