🚫 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

Mid Term Rental

2021 Quadplex Near Methodist Hospital Off I-35

6427 Luglio Ln, San Antonio

Purchase Price:$950,000

Cash Outlay:$296,500

Cashflow:$1,830/mo

Cap Rate:7.81%

IRR:22.60%

Short Term Rental

Quadplex in a Prime Location with a Low Purchase Price

8607 Putnam Dr, Austin

Purchase Price:$699,000

Cash Outlay:$228,730

Cashflow:$3,800/mo

Cap Rate:11.76%

IRR:38.19%

Mid Term Rental

Value-Add Off Market MTR in Georgetown

409 Debora Dr, Georgetown

Purchase Price:$375,000

Cash Outlay:$131,250

Cashflow:$51/mo

Cap Rate:5.73%

IRR:17.35%

Long Term Rental

Northside 1% Rule Fourplex in Houston

2131 Cromwell St, Houston

Purchase Price:$349,000

Cash Outlay:$111,600

Cashflow:$674/mo

Cap Rate:8.32%

IRR:22.53%

Long Term Rental

Pair of Off-Market 1% Rule Quadplexes

13713 Duncum St, Houston

Purchase Price:$580,000

Cash Outlay:$147,900

Cashflow:$604/mo

Cap Rate:7.35%

IRR:22.56%

Mid Term Rental

2006 Built Duplex Close to Medical District and Univ of Houston

4629 Phlox St, Houston

Purchase Price:$410,000

Cash Outlay:$140,700

Cashflow:$1,053/mo

Cap Rate:8.44%

IRR:23.32%