6-Figure AirBnB Triplex with a Pool One Block from the Beach

3520 Avenue S ½, Galveston
21.58% IRR
Short Term Rental
6-figure AirBnB triplex with a pool one block from the beach. Duplex is an active STR that generated $106k in 2022, plus a 1 bed garage apartment currently leased m2m for $950 with STR potential for $2-3k/mo. 3,465 sq ft triplex with an over/under duplex plus a 1 bed garage apartment built in 2015. Downstairs is a 3 bed, 3 bath and upstairs is a 2 bed, 1 bath. Comes fully furnished except for some garage apartment items. Valueadd potential by converting that $950/mo LTR into an AirBnB.

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6-Figure AirBnB Triplex with a Pool One Block from the Beach

Listed 09/18/2023

3520 Avenue S ½, Galveston

Purchase Price:$998,000

Cash Outlay:$279,460


Cap Rate:8.62%


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