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… Read More 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. Read Less
Property listed by Jerman Realty Inc, Chase Robinson, 254-721-7045
Listing Snapshot
Days Online
41
Last Updated
Property Type
Quadruplex
Lot Size
0.49 Acres
Year Built
1979
MLS Number
25008119
Additional Details
Appliances & Equipment
Dryer, GasWaterHeater, WaterHeater, Washer
Building
Built in 1979, Total building area : 9600, Construction materials: Brick, VinylSiding
Fence
Privacy, Wood
Floors
Carpet, Laminate, Tile, Vinyl
Heating
Central, Electric
Interior Features
Furnished: Unfurnished
Lot
21,400 sqft
Parking
OnSite, Parking total: 16
Roof
Shingle
Taxes
Annual amount: $15,633
Utilities
SeparateMeters
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