Once in a lifetime opportunity to own a remote beach/bay property that generates more than $100k in turnkey VRBO/Airbnb rentals a year. These 2 newly remodeled houses 3500sq/ft were rebuilt after Ike in 2010/2011 on 4 lots with RV spots between & room for boat stalls and/or a future pool/recreational area. These waterfront canal houses allow you to park your boat out your back door on 200ft of docking. This beautiful home has extra large 12ft wrap around decks to enjoy a view of the beach/bay, and its just a 25min drive to Galveston seawall or a 10min drive to Surfside. The San Luis Pass bay area is some of best fishing, kayaking, & crabbing in Texas. Enjoy a cold draft beer at the sunset bar from our keg-orator. Both houses are ready to rent w/ a fresh Jan 30th remodel that includes new granite countertops, Life-proof floors, wrapped plumbing, new paint inside & out, freshly stained decks, & new appliances. Both houses generate more than a 6% cap rate annually at last years prices
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
