1901 PALM VILLAGE BLVD Bay City TX 77414

Located at 1901 Palm Village Boulevard, Bay City, TX Palm Village offers a lucrative investment opportunity as a garden-style apartment complex comprising 333 apartments across 35 buildings with 2 stories each. With a total apartment complex area of 305,048 SF on a spacious 640,768 SF lot, the property is an incredible value-add opportunity as the current vacany is 60.4%. Built in 1979 and recently renovated in 2022, the average rent per occupied unit stands at $824, Potential investors can leverage the opportunity of further lease-up at current rent levels to enhance revenue streams. Palm Village presents a financially promising venture with growth potential in the vibrant market of Bay City, TX.

Major upside due to the vacancies.

Great location.