2018 Built Fourplex Close to Airport, Hospital, and Freeways

21155 Gosling Rd #25, Spring
ROI
21.12% 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. 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 04/03/2023

21155 Gosling Rd #25, Spring

Purchase Price:$845,000

Cash Outlay:$260,150

Cashflow:$1,414/mo

Cap Rate:7.56%

IRR:21.12%

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