Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $116 per day and long-term for an average of $1,057 per month, based on similar listings in the area. Estimated short-term cap rate of 1.9%. Estimated long-term cap rate of 0.7%. Whether you're looking to make this your next home or transform it into a profitable rental property, this spacious 2/2-condo on the 3rd floor is the perfect opportunity. Offered As-Is, this condo combines convenience & comfort, making it an ideal choice for both homeowners & investors. Located just a short drive from NRG Stadium, Medical Center, & major highways (610 and 288), & nearby shopping centers, this unit boasts an unbeatable location. The living room features large sliding glass doors that lead to a private balcony. The kitchen has ample potential & is situated next to the dining area, making entertaining a breeze. Comm. Amenities: 2 sparkling swimming pools, tennis courts, controlled access gates, & assigned parking. Zoned to the highly regarded Bellaire High School, this condo is not only great for families but also offers rental potential for investors. This remarkable opportunity won't last long, especially at this attractive price w/ minimal updates needed. Owner/agent
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $466 |
Rental Policy | daily |
Yearly Taxes | $1762 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,092 |
Furnished | N/A |
Year built | 1979 |
Listing Status | Off Market |
MLS | 2819475 |
