229 E Spencer
Property Description
Income-producing opportunity in the heart of Aransas Pass - positioned squarely in the city's growth corridor with full city utilities and strong visibility. Five fully remodeled coastal cabins deliver immediate cash flow with long-term upside in one of the Coastal Bend's most active rental markets. Each cottage has been thoughtfully renovated from the inside out, including new electrical, plumbing, and individual HVAC systems. Every unit features in-unit washer and dryer, dedicated parking, additional off-street parking, and covered parking-an uncommon and highly desirable amenity in this market. Located directly off the main thoroughfare connecting downtown Aransas Pass to Port Aransas Island, accessibility and exposure are unmatched. The property includes a versatile unit mix: one 3-bedroom/1-bath, and four-2-bedroom/1-bath units, all beautifully updated and offered fully furnished making this a true turnkey investment. While currently rented all bills paid, each cabin is individually metered for water, electricity, and gas, providing operational flexibility for future optimization. This is the kind of property investors look for but rarely find: scalable, well-located, and ready to perform from day one. Schedule your private tour today and secure a coastal asset built for income and growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $699,000 |
| No. of Units: | 5 |
| Lot Size: | 4,368.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $139,800 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 5 |
ID: 3yd-RAARTX-150554
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