$1,820,000
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Navidad Bryan, TX 77801
Other
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Beds
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Attention investors! $182,000 Annual NOI. 10% cap rate. This is a turn key investment close to campus that can be fully leased by the seller or managed by him. 10 of the 12 units are airbnbs. 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 $800/month and usually cooks for the airbnb guests. Annual revenue is $210,000. 92% occupancy. 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. He can stay on as an airbnb manager or lease it back to the buyer at $1,200/month for 11 of the units. Willing to do creative finance or carry some if needed.
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MLS#
25008119
Property Type
Other
Year Built
1979
Price per Sq. Ft.
$189.58
Lot Size
0.49
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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