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Bryan,TX 77801
Key Details
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $189
Subdivision Villa West
MLS Listing ID 25008119
Year Built 1979
Annual Tax Amount $15,633
Lot Size 0.491 Acres
Property Sub-Type Quadruplex
Property Description
Attention investors! $182,000 Annual NOI. 10% cap rate. This is a turn key investment close to campus that can be fully leased by the seller or managed by him. 10 of the 12 units are airbnbs. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property. He pays $800/month and usually cooks for the airbnb guests.
Annual revenue is $210,000. 92% occupancy. In-house management and maintenance.
The property is close to Legend Event Center and only a 5 minute drive to the vet school.
Seller is a licensed real estate agent. He can stay on as an airbnb manager or lease it back to the buyer at $1,200/month for 11 of the units.
Willing to do creative finance or carry some if needed.
Location
State TX
County Brazos
Community Villa West
Area B09
Interior
Heating Central,Electric
Flooring Carpet,Laminate,Tile,Vinyl
Exterior
Fence Privacy,Wood
Utilities Available Separate Meters
Roof Type Shingle
Building
Structure Type Brick,Vinyl Siding
Others
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry