Description
Located just minutes from the bayfront in Port Lavaca, this three-unit rental property presents an excellent value-add investment opportunity in a high-demand coastal market. All three units are currently rented, providing immediate income while allowing a new owner the chance to improve and increase future returns.
The property is functional and income-producing but needs some TLC and attention, making it ideal for an investor looking to add value through cosmetic updates, deferred maintenance improvements, or gradual renovations over time. With strong rental demand near the waterfront and downtown, there is clear upside potential.
Whether you’re seeking a project with built-in cash flow or a long-term hold in a growing coastal community, this property offers the rare combination of current income and future appreciation.
Key Features:
Three rental units
All units currently occupied
Value-add opportunity
Desirable location near bayfront and downtown
Strong long-term rental demand
- Principal and Interest
- Property Tax
- HOA fee
