1915 45th St Local commercial 942 m² 100 % Loué À vendre Galveston, TX 77550 1 184 397 € (1 257,52 €/m²) Taux de capitalisation 10,80 %

Exceptional opportunity to acquire a high-yield mixed-use investment property in Galveston, Texas. This diversified asset includes seven residential units, additional detached residential structures, rear storage income, and four commercial storefront spaces with long-term tenancy history. The property produces $196,800 in projected annual gross income and offers a pro forma cap rate of 10.8%. Even under conservative underwriting with vacancy and repair reserves, the asset performs near a 9% cap rate, making it attractive to both cash-flow investors and leveraged buyers. Multiple income streams provide stability, while value-add potential exists through rent optimization and continued property improvements. Several commercial tenants have occupied the property since 2010, demonstrating strong location fundamentals and tenant retention.
This is a rare opportunity to acquire a high-performing coastal Texas mixed-use asset with immediate income and long-term upside.