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Turnkey Active AirBnB Duplex in a Prime Downtown Austin Location

1218 Holly St, Austin
ROI
30.16% IRR
Strategy
Short Term Rental
Turnkey active AirBnB duplex in a prime downtown Austin location. 4+ years of history as a profitable STR, with over $12k/mo gross income. Has a current STR license. Built in 2013 and remodeled in 2017. Very few multifamily properties come available in this area, rare opportunity. Over/under duplex built in 2013 and renovated in 2017. Upstairs is a 2/1, downstairs is a 1/1. Both have their own kitchens and living spaces and can be rented out separately or together as one large space - great way to maximize occupancy and revenue.

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Turnkey Active AirBnB Duplex in a Prime Downtown Austin Location

Listed 03/14/2024

1218 Holly St, Austin

Purchase Price:$1,050,000

Cash Outlay:$283,500

Cashflow:$2,968/mo

Cap Rate:9.20%

IRR:30.16%

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