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Value-Add STR Duplex in Arlington STR District

500-502 Guerin Dr, Arlington
ROI
22.15% IRR
Strategy
Short Term Rental
Value-add STR duplex in Arlington STR district. Close to entertainment district, UTA, Medical City. 2 bed, 1 bath units with cosmetic updates needed. Single story duplex with 1,038 sq ft 2 beds, 1 bath per side. Built in 1982. Full interior cosmetics needed (fixtures, floors, paint, cabinets/counters).

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Value-Add STR Duplex in Arlington STR District

Listed 10/10/2023

500-502 Guerin Dr, Arlington

Purchase Price:$400,000

Cash Outlay:$123,000

Cashflow:$1,773/mo

Cap Rate:11.28%

IRR:26.98%

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