Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

811 24th St, Galveston
ROI
35.14% IRR
Strategy
Short Term Rental
Active STR/MTR duplex with strong booking history 1 mile from the beach and pier. Owner lives in one unit, other is an active vacation rental. Renovated with a brand new roof, decks, bathrooms, kitchens, floors, paint, fixtures. Downstairs unit includes furnishings. Two story 1,966 sq ft duplex with 2 beds and 1 bath per unit. Owner lives upstairs, downstairs is an active vacation rental and includes all furnishings. Strong booking history with $3300/mo rent rates as a m2m.

Enter your email to download the proforma

Join our Daily Deal List - Single property

< Back to Daily Deals

Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

Listed 09/27/2023

811 24th St, Galveston

Purchase Price:$430,000

Cash Outlay:$126,100

Cashflow:$1,793/mo

Cap Rate:10.83%

IRR:35.14%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Mid Term Rental

New Construction Quadplex Near I-35 in Windcrest

7103 Georgeann Dr, San Antonio

Purchase Price:$859,900

Cash Outlay:$272,173

Cashflow:$1,562/mo

Cap Rate:7.66%

IRR:21.87%

Mid Term Rental

Tobin Hill 8-Unit Complex Next to San Antonio College and The Pearl

1625 McCullough Ave, San Antonio

Purchase Price:$950,000

Cash Outlay:$364,000

Cashflow:$1,798/mo

Cap Rate:8.06%

IRR:19.01%

Short Term Rental

Updated 4 Bed STR with a Pool Near Downtown, Airport, and Military Bases

541 Fenwick Dr, Windcrest

Purchase Price:$375,000

Cash Outlay:$111,250

Cashflow:$1,250/mo

Cap Rate:10.13%

IRR:24.23%

Short Term Rental

Turnkey Pool Home Active on Airbnb with Excellent Yield Comes Fully Furnished

8222 Colgate St, Houston

Purchase Price:$499,000

Cash Outlay:$134,730

Cashflow:$1,868/mo

Cap Rate:10.88%

IRR:27.70%

Mid Term Rental

New Construction Fourplex by Medical District and UofH

6423 New York St, Houston

Purchase Price:$900,000

Cash Outlay:$273,000

Cashflow:$ 1,345/mo

Cap Rate:7.97%

IRR:21.49%

Long Term Rental

Mixed Use 24 Unit Grossing $18k/mo with Upside to Increase

4931 Texoma Pkwy, Denison

Purchase Price:$1,500,000

Cash Outlay:$480,000

Cashflow:$2,741/mo

Cap Rate:8.48%

IRR:22.17%