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.
Active
$1,820,000
706-708 800 Navidad St, Bryan, TX 77801
24beds
12baths
9,600sqft
Est.: 
Quadruplex, Multi Family, Multi Family
Built in 1979
-- sqft lot
$1,643,900 Zestimate®
$190/sqft
$-- HOA
What's special
- 102 days |
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