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2018 Built Fourplex Close to Airport, Hospital, and Freeways

21155 Gosling Rd #33, Spring
ROI
20.28% IRR
Strategy
Mid Term Rental
2018 built fourplex close to airport, hospital, and freeways. All 3 bed upgraded units, with an HOA that covers exterior maintenance, insurance, water, trash. Currently occupied with long-term tenants, one is m2m and others expire July-October. 2018 built fourplex with 1651 sq ft, 3 beds, 2.5 baths per unit. Upgraded interior including stainless appliances, granite counters, LVP floors. Currently occupied with one month-to-month and others expiring July through October.

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2018 Built Fourplex Close to Airport, Hospital, and Freeways

Listed 03/25/2024

21155 Gosling Rd #33, Spring

Purchase Price:$840,000

Cash Outlay:$266,800

Cashflow:$1,211/mo

Cap Rate:7.23%

IRR:20.28%

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