706, 708, 800 Navidad, Bryan, TX 77801
- $1,900,000
- List Price
- $1,900,000
- Status
- ACTIVE
- Days on Market
- 377
- Price Change
- ▲ $177,000 1777879259
- MLS#
- 25008119
- Subtype
- Residential Income
- Year Built
- 1979
- Lot Size
- 21,400
- Subdivision
- (1607b81f) Area F B3, B4
- MLS Area Major
- B09
Property Description
$169,732 Annual NOI. 8.93% cap rate. They are turn-key airbnbs already under management generating $240,000/year. Most of the units are renovated. 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 $825/month. Annual revenue is $240,937. Taxes: $17,266 Insurance all three buildings: $11,550 Maintenance/Upgrades: $23,150 (varies year to year) 91% occupancy on airbnb. 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.
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Additional Information
- Taxes
- $15,633
- Flooring
- Carpet, Laminate, Tile, Vinyl
- Appliances
- Dryer, Gas Water Heater, Water Heater, Washer
- Heating
- Central, Electric
- Exterior Features
- Brick, Vinyl Siding
- Parking Features
- On Site
- School District
- Bryan
- Middle School
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Listing courtesy of Jerman Realty Inc. Contact: