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MODR Brokerage LLC
516 Holiday Dr, Galveston, TX 77550
- $2,500,000
- 3
- BD
- 2
- BA
- 12,686
- SqFt
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 74484509
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 12,686
- Lot Size
- 10,440
- Area
- 33
Property Description
Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.
Additional Information
- Roof
- Other
- Region
- 33
- School District
- Galveston
- Elementary School
- Gisd Open Enroll
- High School
- Ball High School
- Middle School
- Gisd Open Enroll
- Stories
- 2
- Street Name
- Holiday Dr
- Street Number
- 516
- Neighborhood
- East End
- County
- Galveston
- Heating
- Central, Electric
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Listing courtesy of Listing Agent: Audrey Lunstedt (alunstedt5@gmail.com) from Listing Office: Triumph Realty.