$169,732 Annual NOI. 8.93% cap rate. They are turn-key airbnbs already under management generating $240,000/year.
Most of the units are renovated. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property. He pays $825/month.
Annual revenue is $240,937.
Taxes: $17,266
Insurance all three buildings: $11,550
Maintenance/Upgrades: $23,150 (varies year to year)
91% occupancy on airbnb. In-house management and maintenance.
The property is close to Legend Event Center and only a 5 minute drive to the vet school.
Seller is a licensed real estate agent.
360 days
|
87
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Chase RobinsonTREC #0836527903-399-0997,
Jerman Realty Inc
Source: BCSMLS,MLS#: 25008119Originating MLS: Bryan College Station Regional AOR
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 12
Rooms
Room types: Dining Room, Family Room, Kitchen
Heating
Central, Electric
Cooling
Has cooling: Yes
Appliances
Included: Dryer, Gas Water Heater, Water Heater, Washer
Features
Flooring: Carpet, Laminate, Tile, Vinyl
Interior area
Total structure area: 9,600
Total interior livable area: 9,600 sqft
Property
Parking
Total spaces: 16
Parking features: On Site
Features
Levels: Two
Stories: 2
Fencing: Privacy,Wood
Lot
Size: 0.49 Acres
Details
Parcel number: 375950
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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