Off-Market STR Triplex with 5% Interest Seller-Financing and $9-10k/mo Gross Rents
141 E Woodlawn Ave, San Antonio
ROI
24.44% IRR
Strategy
Short Term Rental
Off-market STR triplex with 5% interest seller-financing and $9-10k/mo gross rents. Over $100k in updates in the last 3 months. High demand location close to airport, hospitals, universities, and downtown. Two story triplex built in 1920 with (2) 1 bed units and (1) 3 bed unit. Lower unit has a mid-term tenant at $2160, two upper units have long-term tenants at $1280 each. Tenants pay own electric, owner pays water/trash. Over $100k in updates in the last 3 months including a new foundation, HVAC, driveway, and balcony. Furnishings convey with sale.
