Furnished Multifamily
For Sale
Contact for pricing
2702 AVE K, Galveston, TX 77550
The property offers a mix of efficiencies, room rentals, and one-bedroom accommodations with utilities included.
Property Size5,136 SF
Lot Size0.09 Acres
Price / SF$187.89
Days on Market9
Property Features for 2702 AVE K
General Information
Standard status
Active
Size
5,136 SF
Lot size
0.09 Acres
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
1 x 1BR, 5 x efficiency, 9 x room rental
Multifamily Units
15
Additional Details
Cap Rate
12.5%
Listing Agency:
Joe Tramonte Realty, Inc.
Listed By:
Jeremy Douglas · License #684790
(850) 591-2090
Source:
Crexi
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 16 at 2:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joe Tramonte Realty, Inc.
Investment Insights
Based on property information with market context.
Located at 2702 Avenue K in Galveston, this 15-unit apartment property contains 5,136 SF of living area across two lots. The unit mix includes one one-bedroom unit, five efficiencies, and nine room rentals. Each unit is furnished, with utilities included for occupants.
The property is reported at 100% occupancy and includes two lots measuring 1,391 SF and 2,611 SF. The offering reflects a 12.5 CAP, providing a clearly defined operating metric for review. Access to units is coordinated in stages, with selected units available for an initial tour and broader access tied to a negotiated contract.
The property is reported at 100% occupancy and includes two lots measuring 1,391 SF and 2,611 SF. The offering reflects a 12.5 CAP, providing a clearly defined operating metric for review. Access to units is coordinated in stages, with selected units available for an initial tour and broader access tied to a negotiated contract.
Key Highlights
- 15‑unit multifamily property with 5,136 SF of living area
- Unit mix includes 1 one‑bedroom, 5 efficiencies, and 9 room rentals
- All units rent furnished and include utilities
Property Analytics
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Current Use
Lease Details
15
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,924
Businesses Nearby
Explore this area
Business Placement
Demographics for 77550, TX
24,247
Population
15,811
Households
1.5
Avg Household Size
41
Median Age
33%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
3,190
Density / Sq Mi
$46,262
Median Household Income
$35,800
Median Earnings
$1,182
Median Rent
$283,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property offers a mix of efficiencies, room rentals, and one-bedroom accommodations with utilities included.
Where is this apartment building located?
The property is located at 2702 AVE K Galveston, TX.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 15‑unit multifamily property with 5,136 SF of living area; Unit mix includes 1 one‑bedroom, 5 efficiencies, and 9 room rentals; All units rent furnished and include utilities
