Listed by KW Commercial Houston Clear Lake
$4,500,000
Bacliff Multifamily Portfolio
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 37,592
Units 43
Cap Rate 7.36%
NOI $331,062
Occupancy 88%
Price per SqFt $120
Broker Co-Op Yes
Stories 2
Lot Size (SqFt) 107,500
Zoning None
Bacliff Multifamily Portfolio
Marketing description
Presenting a rare opportunity to acquire a 43-unit multifamily portfolio located throughout the coastal community of Bacliff, Texas. Spread across 6 properties totaling ±107,500 SF of land area and ±37,592 SF of building area, the portfolio features a uniform unit mix of 2 bedroom, 1.5 bath residences—offering spacious layouts that appeal to long-term renters. Ideally positioned near the Kemah Boardwalk, Galveston Bay, and State Highway 146, these properties benefit from strong regional demand and proximity to major employment, retail, and recreational destinations.
Investment highlights
43 Total Units
6 Buildings
All units are 2-bedroom, 1.5 bath
Proximity to SH-146
Listing Contacts
Listed by KW Commercial Houston Clear Lake
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$331,062.00
$27,588.50/mo
Valuation Metrics
0
DSCR
7.36%
Cap Rate
7.36%
ROI
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