8 Stunning Condos Just off the Strand! - Income Producing

Experience historic Galveston in the heart of it all! The Meilleur is a collection of modern loft-style condominiums in a building constructed in the 1800’s less than two blocks from the Strand. The Meilleur was beautifully remodeled to provide eight individual condominiums. Renovation began in 2020 and was completed in 2021.

Each flat comes fully furnished with very tasteful, modern furniture. These properties have a multi-year history of producing substantial monthly revenue as short-term rentals including (2) 2BR Units, (3) 1 BR Units and (3) Studio apartments. The building is within easy walking distance of the Galveston Historic Seaport, Port of Galveston Cruise Terminals and Galveston’s Historic Strand District, or The Strand, with restaurants, nightclubs and shopping. Additionally, The Meilleur is just around the corner from the Galveston Trolly Service that can take you anywhere on the island.

A further advantage is the proximity to the UTMB School of Medicine and the Galveston Medical Center Complex of Specialized Adult and Childhood Medical Care and Research. The Meilleur is uniquely situated a mere 5-minute bike ride, 4 minutes by car or 20-minute walk from the Medical Center. The perfect location for busy medical students to live and thrive, patient families in for a visit/treatment or employees of the Center to live in close proximity to the hospital.

Fronting Galveston Bay, the Strand is a National Historic Landmark that harkens back to Galveston’s zenith in the late 1800’s and early 1900’s. Many of the structures are more than a century old, meticulously restored and maintained that provide stunning characteristics and craftsmanship from times-gone-by.

Galveston is loaded with entertainment, shopping and dining opportunities including the Moody Gardens, Pier 21 Theater, Ocean Star Offshore Energy Museum, Texas Seaport Museum, the tall ship Elissa, the Pleasure Pier, Seawall and miles of gorgeous Gulf Coast Beaches. In the Heart of Galveston City, you will find The Meilleur to be an oasis of calm and relaxation, whether making this your full-time residence, vacation get-a-way, valuable investment or combining the flexibility of condominium ownership…We welcome you to explore, and then bid on these wonderful offerings.

Description:

• History Blending with Sophistication In the Heart of Historic Galveston!
• Eight Premier Loft Condominiums – Each Uniquely Conceived to Enhance Your Way of Living
• Easy Walking Distance to the Strand, Cruise Terminal, Theaters, Dining, Shops and More
• Exposed Antique Brick Blended with Modern-day Comforts make The Meilleur the Must Have Place
• Significant Income Producing Units that Easily Book as Vacation Rental
• Over $29,000 Average Annual Income per Unit – Financials Available
• Complete Renovation in 2020 & 2021 to 1 & 2 BR Delightful Flats & Loft Style Apartments
• Multiple Condos feature Courtyards and Decks – Every Flat Is Unique and Charming!
• Bid on One Unit, Several Properties or the Entire Building for Great Investment!
• All Condos Being Sold Completely Furnished – Well Appointed in Each Flat
• Secure Entry, Separate Utilities, Carefree Living or Vacation in Comfort
• Only 2 Blocks from the Strand & 4 Blocks from the Cruise Terminal
• Downtown Business Center
• View More at: https://www.meilleurgalveston.com/

Vital Statistics:
• Both Floors Total Renovation into 8 Amazing Condominiums distributed on Two Floors w/Four Units Per Floor
• Unit 101, First Floor, 891 SF 1BR/1BA w/Delightful Courtyard Area – Sleeps 3 persons
• Unit 102, First Floor, 686 SF 2 BR/2BA features Dining Area, Spacious Living Room – Sleeps 6 people
• Unit 103, First Floor, 558 SF Studio/1BA – Soaring Ceilings & Charm – Sleeps 3 persons
• Unit 104, First Floor, 559 SF Studio/1BA – Lots of Light w/Picture Windows – Sleeps 4
• Unit 201, Second Floor, 446 SF Studio/1BA – Large Balcony Area & High Ceilings – Sleeps 2 persons
• Unit 202, Second Floor, 675 SF 1BR/1BA – Exposed Brick w/Large Bathroom – Sleeps 4 people
• Unit 203, Second Floor, 772 SF 1BR/1BA – Open & Airy w/Great Views – Sleeps 4
• Unit 204, Second Floor, 1,084 SF 2BR/1.5BA – Largest Unit Available – Great for a Group – Sleeps 6
• Common Area, First Floor, 633 SF
• Common Area, Second Floor, 351 SF
• Land Area Gross: 0.0878 AC’s or 3,825 SF +|- of land per GCAD
• Building Area Gross: 7,278 SF +|- per GCAD
• Floor 1 Building Area: 3,639 SF +|- per GCAD
• Floor 2 Building Area: 3,639 SF +|- per GCAD
• Exterior is Brick Veneer, Masonry & Granite Tile
• Flat Roof featuring Highly Durable & Energy Efficient Elastomeric Covering
• Heating and Air Service Individual Electric Units

Live/Online June 5th at 12:30 PM CT
Preview: May 22 at 4 PM, May 24 at 11AM, May 25 at 12 PM
Property Address: 315 Tremont Street, Galveston, Texas 77550
Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX A

Property Details
Name of Property: Preconditioning Operation Vernon, TX 288 acres
Status: New
Acreage: 288 Acres
Location: 1.45 hrs. to Amarillo & 3 hrs to Dallas, TX
Closest Town: Vernon, TX
Access: County road
Topography: Flat to very gently rolling pasture land
Improvements: Home, shop, corrals, water wells, fencing,etc
Bedrooms: 3
Baths: 2
Forage: Bermuda Grass, Native, Annual Rye
Capacity: 4,000 head/yr. currently, could be increased.
Water: Two water wells
Wildlife: Deer, Turkey, Quail
Utilities: Electricity, Wells, Septic System
Development Potential: Could be subdivided for housing if desired
Comments
This backgrounding operation is set up for maximum efficiency and utilization of Animal Well Being Methods to decrease stress and maximize average daily gain. Equipment necessary for the daily operations of the facility is included. The equipment may be removed from the package and sold separately. (Please register to access the Equipment List.)

The wide entrance into the ranch makes for easy in and easy out for large 18-wheeler trucks.

The stockers are received into special care receiving pens for health assessments, vaccinations, and rest. Then released into various pasture traps and allowed access to grass with TMR supplements provided in feed troughs in the pastures. Then around the 90-day mark they are moved into dry lots with 475 sq ft per head living area. This could be reduced by half if more cattle were fed. The next phase, the cattle are moved into dry lots allowing for best ADG on TMR rations and high density rearing while maintaining a very low mortality rate. Each dry lot contains two 190-gallon water tanks with high pressure water supplied to each trough. The dry lots can handle 1400 head with a turnover every three months. Additional pasture could be converted to dry lots to easily increase annual outputs from the current 4,000 head to a maximum of 7,500 head per year.

Two high volume water wells are on site. One provides water to two livestock water tanks in the pastures of 3000 gallons each (one of the tanks is shared between two pastures). The other well provides water to the house. To access the fenced in water tanks the livestock walk under a special back rub and dust bags to treat for flies and lice. All of the concrete water tanks in the pastures and dry lots have concrete aprons, and each tank has its own on-off valve.



There are six separate paddocks of varying sizes. These pastures consist of two Bermuda Grass pastures, one Annual Rye grass pasture, and a mixed pasture of Bermuda and Native grasses.

Equipment:

A Supreme 900T TMR Mixer mixes forage with liquid supplement and a custom pelleted feed; Liquid Supplement TDN 81, Protein 20%. The 900T TMR mixer can mix 10,000 pounds each batch and deliver directly to concrete J-troughs. Fitted with a weigh scale that is accurate to the nearest 1.0 pound. Dual Mixer Screws cut forage to an ideal length so cattle can eat quickly but allows for healthy rumen digestion of the fiber with no acidosis issues. There are two 30-ton bulk dump stations with overhead drops, 25 tons of bulk commodity mix can be uploaded in the bulk storage system an average of 45 minutes start to finish. The Bulk Liquid Supplement Tank holds 30 tons and provides high speed liquid transfer.

The most important forage dry matter utilized is Sorghum Sudan grass and Alfalfa from local producers.

Facilities: The covered hydraulic squeeze chute sits on concrete pad with electric and lights. It also has a scale, the pressure setting top to bottom is 200 psi. The side bar holds the head still for other work, and side doors allow for easy access for body treatments. Cattle see a clear exit, so they move forward easily straight to the special Hydraulic Squeeze Chute (not V closed but opens and closes in parallel.). Rubber mats are in place where cattle depart the chute to prevent slipping. The alleyways are adjustable from 18 inch to 22 inches. A proprietary designed Bud Box provides optimum flow for fast and easy, and low stress loadout. The loadout accommodates 18-wheeler trucks and low trailers.

A fully insulated and wired 40’X60’ shop with concrete floor is in place. A wood heater is included and water is piped to a hydrant on the outside of the shop.

The livestock is currently sold thru auction as open heifer feeders or replacement heifers to local ranchers. This facility has a reputation for quality, sound heifers. There are at least five livestock markets within a 100-mile radius of the ranch: The High Plains Auction Company in Vernon, TX, The Plains Livestock Market at Quanah, TX, Texoma Livestock Commission in Texoma, OK, The Graham Livestock Auction Market in Graham, TX, and Amarillo Livestock Auction in Amarillo, TX. There are numerous feedlots within a reasonable driving distance also. There are also numerous packing plants in the area.

The home is a three bedroom, two bath mobile