Multifamily Residential Complex Opportunity Located on 18th St. in Bacliff, Texas
$2,700,000
4505 & 4510 18th St, Bacliff, TX 77518, Bacliff, TX 77518-2781
22,182 sqft
Building Size
0.9326 acres
Lot Area
Details:
Highlights:
- 28 Total Rentable Multifamily Residential Units
- One Block from Grand Avenue
- Two Blocks from Highway 146
- Various Surrounding Area Retailers within Walkable Distance from Complex
Description:
The complex consists of three separate multifamily residential building located at both corners of 18th Street and Avenue B.
Lot 1 measures 18,750 SF with 175 FT of frontage on 18th St and 125 FT of frontage on Avenue B. Buildings 1 & 2 are located on lot 1 and have a total of 13,200 rentable SF. Building 1 contains (2) 1 BED/1 BATH units and Building 2 contains (11) 2 BED/1 BATH units.
Lot 2 measures 21,875 SF with 125 FT of frontage on 18th St and 150 FT of frontage on Avenue B. Building 3 is located on lot 2 and contains a total of 8,982 rentable SF with (15) 2 BED/2 BATH units.
Spanning across 2.52 square miles of Galveston County land and waterfront area, centrally located between Downtown Houston and Galveston Island, Bacliff is located 39 miles south of Downtown Houston, and 17 miles north of Galveston Island. According to the U.S. Census Bureau, as of 2019 the City of Bacliff is home to roughly 10,624 Residents with an estimated population increase index of 9.6% within the next three years. The median age of residents residing within the city of Bacliff is 35.7 years old for males and 36.7 years old for women. The City of Bacliff and its surrounding areas reflect a family market of residential communities, while also featuring several companies catering to the various business market sectors.
School-aged students residing within Bacliff are zoned to the continuously growing Dickinson School District. The Dickinson School District is known as the “Destination District” containing 13 campuses, 3 additional planned campuses for development, and holds an “A” (Superior) rating from the Texas Education Agency for financial accountability. Schools located within the zoning district of Bacliff include KE Little Elementary, Barber Middle School, and Dickinson High School.
Bacliff is home to the first established La Brisa’s Tex-Mex restaurant located on TX-146 (9-minute walk/3-minute drive from the listing location). Additionally, Bacliff is just outside of the oil and gas refinery hub, and the power plant district of Texas City on TX-146. The Galveston Bay coastline is accessible via a 1.7-mile commute down Grand Avenue from the subject property, 10.6-mile commute down Highway 146 to N.A.S.A. 's Johnson Space Center, and 3.8-mile commute down Highway 146 to the infamous Kemah Boardwalk. The Kemah Boardwalk features several Entertainment, Dining, Nightlife, and Retail Establishments throughout its 60-Acre theme park complex. The theme park contains (14) amusement rides, (10) restaurants, several local and national retailers, outdoor live music venue, and the largest charter yacht on the Gulf Coast.
AREA RETAILERS:
10 MINUTES FROM THE COMPLEX
• Noah’s Ark
• There is a public boat ramp there and dock to walk out and fish on.
• Pier 6 (just opened in San Leon)
• Top Water (San Leon)
• Eagle Point in San Leon public boat ramp
• Mooner’s Beach private resident managed beach
BACLIFF AREA RETAILERS/BUSINESSES
• 2 laundromats
• Yummy Pizza place
• Don Raffa’s Mexican
• Dollar General
• Private Dock accessible by only Bacliff residents at the intersection of Texas Ave and Bayshore
BACLIFF UPCOMING DEVELOPMENTS
• Jackson & Bayshore new construction luxury condos consisting of 20 luxury units with existing residential community amenities listed at $399K+
ABST 164 E PAYNE SUR LOTS 5 THRU 10 BLK 126 CLIFTON BY THE SEA & ABST 164 E PAYNE SUR LOTS 1 THRU 5,23 & 24 (23-1) BLK 133 CLIFTON BY THE SEA AKA TRACTS A, B, C & D
Documents:
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Non Disclosure Agreement |
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