Apartment Building

Bay City, TX Apartment Buildings for Sale

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Sargent, TX Van Vleck, TX Markham, TX Matagorda, TX Sweeny, TX Palacios, TX Blessing, TX Cedar Lane, TX
Three-Building Apartment Community
Updated: Mar 31
Three-Building Apartment Community

2604 Avenue K, Bay City, TX 77414

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1.97 AC lot
33‑unit multifamily community in Bay City, TX, across three two‑story buildings on 1.97 acres
Phase I (12 units) completed May 2018; Phase II added 21 units delivered June 2020
Average unit size is 1,038 SF with 9‑foot ceilings and crown molding
Each unit includes full‑size washer and dryer, smartcode keyless entry, and premium finishes including quartz countertops and stainless steel appliances
Opportunity to assume a current Fannie Mae loan at a fixed 4.89% interest rate with maturity on April 1, 2031
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Bay City, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Furnished Apartment Building
5-Unit Furnished Apartment Building

302 N Avenue B, Freeport, TX 77541

$335,000
2,565 sqft

Five furnished one-bedroom apartments with utilities and lawn care included for residents.

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32-Unit Apartment Complex Investment
32-Unit Apartment Complex Investment

107 Oak Park Dr, Clute, TX 77531

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32,121 sqft

Well-maintained 32-unit apartment complex in a rapidly growing area.

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8-Unit Apartment Building
8-Unit Apartment Building

403 W Broad St, Freeport, TX 77541

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7,168 sqft 0.48 AC lot

Low-rise multifamily property with six long-term leases and two short-term rentals.

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Updated Condo Ready for Move-In
Updated Condo Ready for Move-In

418 Garland Dr 118, Clute, TX 77566

$105,000
0.05 AC lot

Updated 2-bedroom condo with modern amenities and convenient location.

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Off-Market Properties in Bay City, TX

Consider similar Off-Market properties in Bay City, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4408 Hiram Brandon Dr
Multifamily properties

4408 Hiram Brandon Dr, Bay City, TX 77414

Estimated value: by Request
3.00 AC lot
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Bay City, TX Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Bay City, TX on our real estate platform.

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Demographics Overview

Population 24K
Population Growth (5Y) -0.5%
Median Household Income $57,545
College Educated 15.8%

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $42.83 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Matagorda County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Bay City fall within the 10,000 to 25,000 square foot range.

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