Profitable Houston Med Center AirBnB Investment Opportunity
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Financial Details
- Asking Price:
- $1,650,000
- Annual Revenue:
- $135,798
- Location:
- Houston, TX, US
- Source:
- Date:
- May 15, 2025
Key Highlights
- Income-producing multifamily property in Houston Medical Center.
- Seven fully furnished units generated $135,798 gross Airbnb income in 2024.
- Value-add opportunity to add two units, potentially increasing annual revenue by $61,000.
Description
This is an income-producing multifamily property in Houston's Medical Center. It features two buildings with a total of seven fully furnished units, generating $135,798 in gross Airbnb income in 2024. Operating expenses are 33% of revenue, resulting in a net operating income of $90,785. There is a value-add opportunity to add two more units, potentially increasing annual revenue by an estimated $61,000.
Industry Information
- Industry Description:
- Real Estate: Multi-Family
- Classification:
- Financial Services
Listing Details
- Listing ID:
- 2547972c-e396-444b-8dc8-20d3bc550f1c
- Deal Status:
- For Sale
- Date Posted:
- May 15, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
Features & Tags
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