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3 Bed Main House with 2 Bed ADU in Historic Dignowity Hill Close to Downtown

933 Lamar St, San Antonio
ROI
23.64% IRR
Strategy
Short Term Rental
3 bed main house with 2 bed ADU in historic Dignowity Hill close to downtown. Main house fully updated with new roof, appliances, luxury floors. ADU needs cosmetic updates and possibly a roof. 3 bed, 1 bath main house with upgrades throughout and a new roof. 2 bed, 1 bath ADU needing cosmetics and potentially a new roof. Separate property entrances to each building, multiple strategies with this one - house hack, STR both, LTR one and STR other, etc.

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3 Bed Main House with 2 Bed ADU in Historic Dignowity Hill Close to Downtown

Listed 01/18/2024

933 Lamar St, San Antonio

Purchase Price:$275,000

Cash Outlay:$94,250

Cashflow:$1,142/mo

Cap Rate:10.04%

IRR:23.64%

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