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Turnkey Furnished 8 Unit Active STR and MTR in Mahncke Park

335 & 337 Ira Ave, San Antonio
ROI
25.58% IRR
Strategy
Mid Term Rental
Turnkey furnished 8 unit active STR and MTR in Mahncke Park. All 1 bed units fully renovated and occupied. 5 furnished mid-term rentals, 2 short-term rentals, and one long-term. Two buildings with 4 units each, built in 1953. All 1 bed, 1 bath units. Fully renovated, furnished, and 2 units active on Airbnb/VRBO plus 5 units rented mid-term to nurses.

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Turnkey Furnished 8 Unit Active STR and MTR in Mahncke Park

Listed 04/11/2023

335 & 337 Ira Ave, San Antonio

Purchase Price:$825,000

Cash Outlay:$222,750

Cashflow:$1,685/mo

Cap Rate:8.88%

IRR:25.58%

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