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Arlington Entertainment District STR $415k

406 N Pecan St, Arlington
ROI
21.59% IRR
Strategy
Short Term Rental
Located in the short-term rental zone near ATT Stadium, Six Flags and University of Texas at Arlington! One of the highest occupancy rate sections of the metroplex. This exact same layout on the same street is listed on airbnb and pulls $500 per night with 40% occupancy. The asset is in beautiful condition and will make for a strong performing STR. No HOA. No STR restrictions. NOTE: the furniture does not convey. Taxes $8690.

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Arlington Entertainment District STR $415k

Listed 12/10/2024

406 N Pecan St, Arlington

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$791/mo

Cap Rate:8.12%

IRR:21.59%

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