1624 Diamond RdBolivar Peninsula, TX 77650

For Sale
$225,000

16 Units, High-Growth Area, Motivated Seller

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 16-unit self-storage facility located at 1624 Diamond Rd, Bolivar Peninsula, TX 77650, in Galveston County. Built in 2023, the property boasts approximately 100 feet of frontage on Diamond Rd, offering excellent visibility and accessibility. The asking price is $225,000. The property's strategic location, just one mile from Crystal Beach, a rapidly growing year-round destination, ensures strong demand and rental income potential. Crystal Beach's increasing popularity as a primary residence further enhances the long-term investment prospects. This self-storage facility presents a significant add-value opportunity. Potential enhancements include the addition of RV parking and the establishment of a U-Haul rental and supplies business, capitalizing on the high tourist traffic and growing residential population. The motivated seller is open to all offers, making this a compelling opportunity for investors seeking a profitable venture in a thriving coastal community. The property is a multi-tenant facility, offering diversification of income streams. This is a turnkey operation ready for immediate income generation.

Location Insight

City
Bolivar Peninsula
County
Galveston
State
Texas
Latitude
29.465034
Longitude
-94.6451354
1624 Diamond Rd, Bolivar Peninsula, Texas

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1624 Diamond Rd
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