Multifamily Property for Sale in Hitchcock, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Hitchcock, TX 77563

Description

Marcus & Millichap is pleased to present Hitchcock Landing, a 29-unit multifamily investment opportunity located in the quiet and stable Hitchcock submarket of Galveston County. The property features a well-balanced unit mix of fifteen (15) two-bedroom units, thirteen (13) one-bedroom units, and one (1) three-bedroom unit, historically maintaining occupancy near 90%. Hitchcock Landing offers investors durable in-place cash flow supported by strong tenant demand and limited local competition. Additionally, the property includes an extra storage space suitable for potential conversion into an additional income-producing unit, creating a clear value-add opportunity. This offering presents an attractive combination of stability and upside within a peaceful residential setting, all while maintaining proximity to major employment corridors throughout the greater South Houston and Galveston County areas. Investment Highlights: • Generational Hold Opportunity – 29-unit asset ideally suited for investors seeking stable, long-term cash flow and legacy wealth creation through extended ownership. • Consistently ~90% occupied, supported by a quiet residential setting and limited tenant turnover. • Peaceful Residential Setting – Located in Hitchcock's stable rental corridor, attracting long-term tenants seeking affordability and privacy outside dense urban environments. • Operational Flexibility & Upside – Unoccupied leasing office offers potential on-site manager quarters, and an additional storage space provides opportunity for unit conversion and incremental revenue growth.

Market Context

This multifamily in Hitchcock, TX is listed for sale. It has been on the market for 89 days. Compare it against other multifamily listings for sale in Hitchcock, TX — <a href="/search/sale/multifamily/texas/hitchcock">view the full market</a>.

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