The Campeche Cove Community is a 264 unit, multifamily investment opportunity which offers a purchaser an excellent opportunity to purchase a property in the popular Galveston area of Texas, which is located approximately 24 miles outside the Houston city limits. Campeche Cove Apartments is wrapped around a saltwater lake which is owned by the apartments and allows the tenants access to the lake. This well located property was renovated in 2014‐15 which included the renovation of 175 of the 264 units within the last 12 or 18 months. The current owner has left 90 of the units for a new owner to upgrade bringing additional upside in the current rents. The physical plant is "B+" quality. The property is located approximately 1/4 mile from the Galveston Seawall and the Gulf of Mexico shoreline. Seawall Blvd. is one of Galveston's busiest tourist streets because it runs the length of the Gulf of Mexico Shoreline. The property is in close proximity to major retail, office complexes, numerous eating and shopping venues that are located off Seawall Blvd. In addition, it is within a short commute to the UTMB, The Strand, Texas A&M Galveston Campus and the Port of Galveston all of which are major employment centers for the area.