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Renovated Triplex in Bishop Arts with Strong STR Demand

813 W 9th St, Dallas
ROI
29.59% IRR
Strategy
Short Term Rental
Renovated triplex in Bishop Arts with strong STR demand. One 1 bed, one 2 bed, and one 3 bed unit, all currently occupied for $5k/mo with rent upside for breakeven appreciation play as well. 2,144 sq ft triplex built in 1930 and completely renovated in 2021. One 1 bed 431 sq ft unit, one 2 bed 600 sq ft unit, and one 3 bed 1,113 sq ft unit. All appliances included.

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Renovated Triplex in Bishop Arts with Strong STR Demand

Listed 03/22/2023

813 W 9th St, Dallas

Purchase Price:$699,000

Cash Outlay:$202,650

Cashflow:$2,563/mo

Cap Rate:9.99%

IRR:29.59%

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