Off-Market Condo at 2001 Holcombe Blvd, Houston, TX 77030

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $163 per day and long-term for an average of $2,886 per month, based on similar listings in the area. Estimated short-term cap rate of -5.3%. Estimated long-term cap rate of -5.9%. Spacious 18th floor corner residence offers the comfort of a home in the sky. This custom floor plan offers generous storage with added closets and built-in cabinetry throughout. Kitchen with breakfast room overlooking Hermann Park with panoramic views, SubZero, double ovens and decorative tiled backsplash. Tile floors at entry, living, dining and kitchen. Primary suite with an oversized walk-in closet. Secondary bedroom with walk-in closet. Study with built-in desk, cabinetry and two closets. Walk-in storage closet. Park-side full service high rise living with 24 hour guarded entry, concierge, valet, porter, fitness center with dry sauna, party rooms and indoor racquetball court. Private resident access to hike/bike trails connecting you to Hermann Park and the Texas Medical Center. Convenient access to freeways and Downtown.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1695
Rental Policy
daily
Yearly Taxes
$11371
Bedrooms
2
Bathrooms
2
SQFT
1,851
Furnished
N/A
Year built
1983
Listing Status
Off Market
MLS
31785491

Short-term Rental Potential
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$38,508

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$337

Price/SQFT

Long-term Rental Potential
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$34,632

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,886/mo

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