1806 HWY 35 N., ROCKPORT, TX 78382
Homes for sale in Rockport.
Homes for sale in 78382.
1806 Hwy 35 N.
Rockport, TX 78382
List Price$9,750,000
Listing #466124
About This Property
Welcome to Little Bay Landing, a fully reimagined 24-unit condo complex offering a rare turnkey investment opportunity along Highway 35 N in Rockport. This comprehensive renovation from the studs includes HVAC, electrical, plumbing, windows, doors, and siding--resulting in a like-new property designed for long-term investment performance with minimal capital expenditures in the years to come. Rebuilt with luxury in mind, guests will enjoy quality and attention to detail at every square inch of the interior. The complex offers 284 feet of highway frontage in a prime location near HEB, Walmart, the new Starbucks, and many of Rockport's most popular local restaurants and attractions. Little Bay Landing includes four 3-bedroom / 2.5-bath units and twenty 2-bedroom / 1.5-bath units, for a total of 56 bedrooms and approximately 30,824 square feet of livable space. Each unit is individually metered and offers a full kitchen, living room, dining area, laundry room, plenty of storage space, and a private outdoor patio, perfectly suited for short- or long-term rentals. The property's centerpiece is a resort-style heated pool and pool house, added during renovation to provide year-round enjoyment for residents and guests. Additional features include a complete security system, ample parking, and a professional online presence with a dedicated website, active social media platforms, and a digital marketing team recently put in place to drive occupancy. Strong local demand and flexible leasing potential offer significant cash flow and appreciation upside. With every detail completed and the infrastructure established, the developers are ready to pass this exceptional project to an investor seeking a luxury, income-producing property in one of the Gulf Coast's most desirable areas.
Property Features
Location Information
County
Aransas
Subdivision
Little Bay Landing
Interior Features
Heating
Central, Electric
Total Number of Units
24
Cooling
Electric, Central Air
Exterior Features
Stories
2
Has Garage
Yes
Exterior
Landscaping, Storage
Garage Spaces
50
Foundation
Slab
Lot Size in Acres
1.69
Water / Sewer
Public Sewer
Lot Size in Sq. Ft.
73,543
Water
Public
Buildings
5
Parking Description
Assigned, Concrete
Has Waterfront
No
Additional Information
Roof/Attic
Shingle
Property SubType 2
Commercial Sale
Other Utilities
Sewer Available, Separate Meters, Water Available
Year Built
1971
Property Type
COM
Status
Active
Property SubType
Industrial
Square Feet Source
Appraiser
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Mortgage Calculator
$45,534
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$35,134
Monthly Tax
$8,125
Monthly Insurance
$2,275
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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