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1101 E Main St League City, TX 77573

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For Sale
$1,995,000

16-unit apartment complex with value-add potential in League City.

Lot size:
1.00 Acre

Property Features for 1101 E Main St

General Information

Lot size
1.00 Acre

Building Details

Year built
1971

Source: Keller Williams Memorial Agent Timothy Larson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

League City Multifamily Investment Property

The Mariner Apartment Complex is a 16-unit multifamily property situated on a 1-acre lot in League City, Texas. The property features ten 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units. A coin-operated laundry facility is available for tenants. There are over 25 parking spaces located across the front, middle, and rear areas of the property. Recent upgrades include renovated units, new leases, updated air conditioning, plumbing, and fresh paint. All units are separately metered. Rents are currently below market value, presenting an opportunity for increased revenue. The spacious lot provides room for future expansion. The property is located southeast of downtown Houston, near the League City Historic District and close to Clear Lake and Galveston Bay. Major attractions such as NASA and the Southeast Medical Center are also nearby. The location provides convenient access to I-45, South Shore Harbour, Kemah, and major retailers. The area is popular with boating and fishing enthusiasts, offering an excellent value-add opportunity in a growing coastal community.
Insight Report Location Intelligence

Current Use by Public Records

Pinoy Fiesta Asian ... Grocery Store H&R Block Tax Preparation Service Domino's Pizza Pizza Delivery Pawsh Dog House Dog Day Care Center Final Touch Hair ... Hair Salon

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
League City
County
Galveston
State
Texas
Longitude
-95.1063915
Latitude
29.5046533

FAQs

What type of property is this?
Apartment building - 16-unit apartment complex with value-add potential in League City.
Where is this apartment building located?
The property is located at 1101 E Main St League City, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: - Value-add opportunity with below-market rents and potential for future expansion on a 1-acre lot.; - **Well-maintained 16-unit complex with recent upgrades including renovated units, new leases, updated AC and plumbing.**; - Located in a growing coastal community near Clear Lake, Galveston Bay, NASA, and the Southeast Medical Center.
More about this property
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