🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

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

3520 Avenue S ½, Galveston
ROI
21.58% IRR
Strategy
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.

Enter your email to download the proforma

< Back to Daily Deals

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

Cashflow:$2,152/mo

Cap Rate:8.62%

IRR:21.58%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

B.E.A.F

Appreciating Houston B.E.A.F. Single Family Rental $250k

1818 Jara Ct, Spring

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$30/mo

Cap Rate:8.37%

IRR:13.89%

Updated Today

B.E.A.F

Appreciating DFW B.E.A.F. Single Family Rental $335k

2490 Leona St, Forney

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$100/mo

Cap Rate:8.14%

IRR:13.89%

Updated Today

Long Term Rental

Turnkey 5-Plex Exceeding The 1% Rule $595k *excellent deal, will move quickly*

3918 McKinney Ext, La Marque

Purchase Price:$595,000

Cash Outlay:$160,650

Cashflow:$1,145/mo

Cap Rate:10.02%

IRR:23.57%

Mid Term Rental

DFW Duplex in Irving $397k

414 Lucille St #416, Irving

Purchase Price:$397,000

Cash Outlay:$107,190

Cashflow:$314/mo

Cap Rate:8.41%

IRR:16.93%

Short Term Rental

Frisco Short Term Rental $425k

8467 Willow Creek Dr, Frisco

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$851/mo

Cap Rate:10.14%

IRR:26.10%

Long Term Rental

Turnkey Cashflowing Quadplex in Fort Worth $585k *this will move quick*

3736 Ramona Dr, Fort Worth

Purchase Price:$585,000

Cash Outlay:$157,950

Cashflow:$1,095/mo

Cap Rate:9.69%

IRR:23.01%