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Upgraded 2020 Build Quadplex Close to Med Centers in Award-Winning School District

12603 Telge Rd, Cypress
ROI
23.02% IRR
Strategy
Mid Term Rental
Upgraded 2020 build quadplex close to med centers in award-winning school district. Luxury townhome-style 3 bed, 2.5 bath units in a gated community. Long-term management in place at 5% or increase revenue with furnished mid-term rents. 6,780 total sq ft quadplex built in 2020. Upgraded 3 bed, 2.5 bath units with 1 car garage and washer/dryer hookups. Granite counters, stainless appliances, LVP floors.

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Upgraded 2020 Build Quadplex Close to Med Centers in Award-Winning School District

Listed 11/08/2023

12603 Telge Rd, Cypress

Purchase Price:$840,000

Cash Outlay:$266,800

Cashflow:$1,741/mo

Cap Rate:8.51%

IRR:23.02%

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