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469-865-2527
Flex Group Real Estate
3501 7th St, Bay City, TX 77414
- $900,000
- 1
- BD
- 1
- BA
- 19,431
- SqFt
- List Price
- $900,000
- Status
- ACTIVE
- MLS#
- 41100937
- Days on Market
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 19,431
- Lot Size
- 101,970
- Area
- 54
Property Description
48-Unit Bay City Investment Opportunity Existing 48-room hotel/apartment property available for acquisition at 3501 7th Street in Bay City, Texas. The property contains approximately 19,431 square feet of existing building area and is offered as-is. Current utilization is eight existing tenant leases and payment agreements. Current ownership has undertaken operational improvements and tenant turnover. Many units remain in need of repair, presenting an opportunity for a buyer to renovate, reposition, and establish a new operating strategy. Potential strategies may include continued hospitality use, renovation and repositioning, or evaluation of other legally permitted uses. Any change in use or redevelopment is subject to buyer due diligence, applicable approvals, and required improvements.
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Additional Information
- Taxes
- $12,620
- Year Built
- 1980
- Roof
- Metal
- Region
- 54
- School District
- Bay City
- Elementary School
- Roberts Elementary
- High School
- Bay City High School
- Middle School
- Bay City Junior High School
- Stories
- 1
- Street Name
- 7th St
- Street Number
- 3501
- County
- Matagorda
- Heating
- Window Unit(s)
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Listing courtesy of Parham Realty. Contact:
Listing courtesy of Jason Parham from Parham Realty. Contact: