516 Holiday Drive, Galveston, TX 77550

516 Holiday Dr presents a compelling opportunity to acquire a 20-unit multifamily apartment complex in Galveston, Texas. The property features a desirable unit mix consisting of sixteen 1-bedroom units, three 2-bedroom units, and one 3-bedroom unit, giving investors diversified rental options and multiple tenant profiles within one asset.

The property is positioned near many of Galveston’s strongest demand drivers, including the beach, Seawall, The Strand, UTMB, restaurants, retail, tourism corridors, and major local employment centers. This location supports demand from island residents, workforce tenants, medical employees, hospitality workers, students, and renters seeking convenient access to Galveston’s coastal lifestyle.

With 20 units in one location, 516 Holiday Dr offers investors the opportunity to acquire meaningful scale in a high-demand coastal market. Depending on the buyer’s strategy, the property may offer value-add potential through rent growth, unit renovations, exterior improvements, expense management, and operational efficiencies. This is an attractive opportunity for investors seeking a Galveston multifamily asset with both current income potential and long-term upside.