🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Turnkey Historic Beach Bungalow Duplex with Active Airbnb Unit

3228 Avenue P, Galveston
ROI
25.11% IRR
Strategy
Short Term Rental
Turnkey historic beach bungalow duplex with active airbnb unit. One 1bd and one 2bd unit just a few blocks from the beach, pier, and "The Spot" Updated duplex with one 2 bed, 2 bath unit occupied by seller and one 1 bed, 1.5 bath unit currently being used as a STR, most furnishings convey. Built in 1893.

Enter your email to download the proforma

< Back to Daily Deals

Turnkey Historic Beach Bungalow Duplex with Active Airbnb Unit

Listed 09/11/2023

3228 Avenue P, Galveston

Purchase Price:$519,000

Cash Outlay:$150,130

Cashflow:$1,787/mo

Cap Rate:10.03%

IRR:25.11%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

San Antonio Quadplex w/ $60k Price Drop $450k

503 E Southcross Blvd, San Antonio

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$1080/mo

Cap Rate:8.71%

IRR:24.37%

Long Term Rental

DFW Cashflowing Long Term Rental Quadplex $725k

764 E Pecan St, Hurst

Purchase Price:$725,000

Cash Outlay:$195,750

Cashflow:$85/mo

Cap Rate:7.25%

IRR:17.50%

Mid Term Rental

Dallas Mid Term Rental Quadplex $900k

5309 E Side Ave, Dallas

Purchase Price:$900,000

Cash Outlay:$243,000

Cashflow:$1,490/mo

Cap Rate:7.82%

IRR:20.17%

Short Term Rental

Houston 4 Bed + Pool SFR $260k

7062 Windy Pines Dr, Spring

Purchase Price:$255,000

Cash Outlay:$68,850

Cashflow:$176/mo

Cap Rate:6.63%

IRR:14.72%

Long Term Rental

Houston Single Family Rental $270k

1903 Ryansbrook Ln, Spring

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$83/mo

Cap Rate:5.47%

IRR:11.83%

Long Term Rental

DFW Cashflowing Duplex $290k

2316 Meadow Ln, Mesquite

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$145/mo

Cap Rate:6.43%

IRR:13.65%