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Active Waterfront STR Grossing $90k+

21922 Lampasas Dr, Galveston
ROI
38.03% IRR
Strategy
Short Term Rental
Active waterfront STR grossing $90k+. Close to great amenities including fishing pier, tennis courts, boat ramps, park, and community pool. Great turnkey option for an out-of-state investor hiring a management company.

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Active Waterfront STR Grossing $90k+

Listed 05/07/2024

21922 Lampasas Dr, Galveston

Purchase Price:$485,000

Cash Outlay:$130,950

Cashflow:$2,030/mo

Cap Rate:10.94%

IRR:38.03%

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