About 706, 708, 800 Navidad
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.
Features of 706, 708, 800 Navidad
| MLS® # | 25008119 |
|---|---|
| Price | $1,820,000 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 706, 708, 800 Navidad |
|---|---|
| Area | B09 |
| Subdivision | Villa West |
| City | Bryan |
| County | Brazos |
| State | TX |
| Zip Code | 77801 |
Amenities
| Utilities | Separate Meters |
|---|---|
| Parking Spaces | 16 |
| Parking | On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Tile, Vinyl |
|---|---|
| Appliances | Dryer, Gas Water Heater, Water Heater, Washer |
| Heating | Central, Electric |
| Fireplace | No |
| Stories | Two |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Brick, Vinyl Siding |
School Information
| District | Bryan |
|---|
Additional Information
| Days on Market | 85 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Chase Robinson |
|---|---|
| Office | Jerman Realty Inc |