Rare opportunity to own a fully occupied 12-unit multi-unit property in the heart of the Coastal Bend, offering a strong mix of 1- and 2-bedroom layouts with central electric heat and air and city utilities throughout. This turnkey asset delivers steady cash flow from day one, with tenants drawn to the unbeatable location - minutes from Aransas Pass High School, downtown shopping, top-rated restaurants, and some of the best fishing on the Texas coast. The combination of long-term renters and vacation demand keeps occupancy strong year-round. Sitting on 32,340 square feet with 7,124 building square feet across single-story construction, the property offers an established income stream with room for long-term appreciation - ideal for investors looking to add a profitable, low-hassle asset to their portfolio. Appointment only; please do not walk the property without scheduling.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $775,000 | $109 | Vaden MacLeod Real Estate |
| Year | Annual Amount | Description |
|---|---|---|
| $11,334 | GILE ADDN LOT 15A, 15B, 16A, 16B |
Elementary School H T Faulk Early Childhood School | 0.6 miles away | PK - 01 | |
High School Aransas Pass High School | 0.6 miles away | 09 - 12 | |
Elementary School W A Kieberger Elementary | 0.6 miles away | 02 - 03 |