TITLE:
One of a kind Marina Complex in Galveston Complete with 65,000 ft.² of Buildings with Housing
CONTROL:
Exclusive
VALUE:
$14,700,000
LOAN:
$0
EQUITY:
$14,700,000
TYPE:
Hotel/Motel
HAVE:
Sea Star Base Galveston is a 60+ acre waterfront property on Galveston Bay with deep-water access, docks, lodging for up to 300, event and classroom space, and recreational facilities, now rebranded and relaunched at a reduced price of $14.7M.
WEBSITE URL:
ADDRESS:
7509 Broadway St, Galveston, Texas
BENEFITS TO NEW OWNER:
Pride of Ownership, Use, Development Upside, Free and Clear
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$574,000
NOI:
$-574,000
DEBT SERVICE:
$0
CASH FLOW:
$-574,000
CAP RATE:
0.00%
BENEFITS SOUGHT:
Cashflow, Path to Cash
CAN ADD:
There is +/- half an acre of green space to create more parking or building new structures
COUNSELOR:
James Brockway
Brockway Commercial
2366 Calypso LN
League City, , 77573-0759
Phone: 2816846482
