PORT ARANSAS, Texas, Activity has been brisk in recent weeks at The Cottages At Pirates Bay in Port Aransas. Four new three-bedroom units are under construction with another five set to begin at the end of the month. Several of these new units are still available for sale. In addition to the new construction, all the existing Phase I units have been sold but the sales office / model home (Unit 118).
Buyers are discovering the incredible value and the cash flow opportunities that these popular vacation rentals can produce. The new three bedroom units are priced at $204,900 and comparable existing units will generate $35k+ in gross rental revenue this year. Based on all the recent activity, it appears to be a winning combination.
Construction has begun on four new 3BR Townhomes in Port Aransas
The lagoon pool at Pirates Bay
Thank you for visiting the Port Aransas real estate blog.
Keith McMullin – Broker/Realtor