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University Gardens 712 Ball St 14 Unit Apartment Building $2,371,833 CAD ($169,417 CAD/Unit) Galveston, TX 77550
EXECUTIVE SUMMARY
Unlock a rare multifamily investment in the heart of Galveston with this 14-unit, two-story property at 712 Ball Street. Presented exclusively by Partners, this 10,700 SF building on a 10,320 SF lot offers immediate income potential and long-term appreciation in one of Texas’ most dynamic coastal markets. Strategically located in South Galveston County, just blocks from the historic Strand District and Galveston Seawall, this property benefits from strong year-round rental demand driven by tourism, port activity, and institutional employers. The building was renovated in 2024, ensuring updated systems and reduced near-term maintenance costs. The 14 units offer a flexible mix of layouts ideal for both traditional and short-term rental strategies. Priced at $1,699,995, this opportunity is well below replacement cost and offers value-add upside through strategic management and optimization. With its prime location, recent renovations, and compelling fundamentals, 712 Ball St is an ideal addition to any multifamily or coastal investment portfolio.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,371,833 CAD | Building Class | B |
| Price Per Unit | $169,417 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 13,500 SF |
| No. Units | 14 | Average Occupancy | 65% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2024 |
| Apartment Style | Low-Rise | ||
| Zoning | 1F4 | ||
| Price | $2,371,833 CAD |
| Price Per Unit | $169,417 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 13,500 SF |
| Average Occupancy | 65% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2024 |
| Zoning | 1F4 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
SITE AMENITIES
- Controlled Access
- Gated
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 650 |
| 2+1 | 13 | - | 900 |
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Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 3505-0307-0011-000 | Improvements Assessment | $1,352,096 CAD |
| Land Assessment | $766,969 CAD | Total Assessment | $2,119,065 CAD |
PROPERTY TAXES
Parcel Number
3505-0307-0011-000
Land Assessment
$766,969 CAD
Improvements Assessment
$1,352,096 CAD
Total Assessment
$2,119,065 CAD
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University Gardens | 712 Ball St
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