Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#21288717
À propos de la propriété
La description a été traduite automatiquement.
La description est affichée dans la langue d'origine.
Sealy Paradise Apartments is a newly constructed, 8-unit multifamily property situated in Galveston’s East End Historic District — one of the island’s most sought-after neighborhoods — just half a mile from the beach and Seawall Boulevard. Built with institutional-quality finishes and materials rarely found at this price point, the property offers investors a low-maintenance, income-producing asse
Sealy Paradise Apartments is a newly constructed, 8-unit multifamily property situated in Galveston’s East End Historic District — one of the island’s most sought-after neighborhoods — just half a mile from the beach and Seawall Boulevard. Built with institutional-quality finishes and materials rarely found at this price point, the property offers investors a low-maintenance, income-producing asset in one of Texas’s most resilient coastal rental markets.
Each of the eight 1BD 1BA units (~500 SF) features stainless steel appliances, in-unit washer and dryer, LVP flooring, recessed lighting, and dedicated closet space. The building was constructed to a high standard throughout — fire-rated drywall, thermal and sound insulation, and a full fire sprinkler system are all in place. The elevated pier foundation provides flood protection while creating a generous covered parking area at grade, and the zero-scaping, stairwell-accessed layout keeps common area maintenance and operating costs to a minimum. City waste collection further reduces overhead.
Units are currently leasing at $1,500 per month with pass-through expenses, pets allowed with deposit, and lease structures that allow for both annual and seasonal rent increases. First occupants came online in September 2025. With above-market rents, a supply-constrained island location, and a flat-roof, modern metal exterior that stands apart from the surrounding historic streetscape, Sealy Paradise is positioned to deliver stable cash flow and long-term appreciation.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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