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 $2,675 per month, based on similar listings in the area. Estimated short-term cap rate of -2.6%. Estimated long-term cap rate of -4.0%. Breathtaking views from every window! The Spires exudes stability and care from the moment you drive into the luxury high-rise. Lovely two bedroom/two bath w/wide wood plank flooring, includes two assigned parking spaces & airconditioned storage room. Walk to med center, Hermann Park & Museums! Experience 5-Star 24/7 Concierge and Valet service dedicated to you & guests. The Spires provides owners 24-hour controlled entry access, double-gated parking garage, monitored video cameras at doorway and common areas, perimeter fencing. Amenities include multiple small and large meeting/party spaces, 24-hour fully equipped fitness center, heated pool w/lap lane, wet & dry saunas, dressing areas, outdoor grill kitchen w/sitting/dining area, table tennis, racquetball, lighted tennis courts, pickleball courts, private pedestrian gate to Bayou Hike & Bike Trail & Hermann Park. Dedicated emergency power generation. Grocery, meal delivery to your door, housekeeping and maintenance offered on-site.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1145
Rental Policy
daily
Yearly Taxes
$6802
Bedrooms
2
Bathrooms
2
SQFT
1,250
Furnished
N/A
Year built
1983
Listing Status
Off Market
MLS
48457500

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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$380

Price/SQFT

Long-term Rental Potential
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$32,100

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,675/mo

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