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28294943
28294971

917 Thompson St, Houston, TX 77007

LL
TX 540503
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$3,840,000
200 days on market
Updated 71 days ago

4 Unit Cash Flowing Portfolio 10.2% Cap Rate!

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 12,860
Net Rentable (SqFt) 12,860
Units 4
Cap Rate 10.2%
NOI $391,680
Occupancy 84%
Price per SqFt $299
Broker Co-Op Yes
Class A
Year Built 2018
Year Renovated 2024
Buildings 4
Stories 4
Lot Size (SqFt) 9,120
Investment Type Stabilized

Multifamily | 4 Units | $960,000/unit

Marketing description

AIRBNB OPERATION AT A 10.2% CAP! Houston Sky High Luxury is a premier short-term rental destination in the vibrant Rice Military neighborhood. Offering a perfect blend of modern design, high-end comfort, and prime location, this property is an ideal choice for business travelers, families, and weekend getaways. Each four-story residence boasts 4 bedrooms, 3.5 bathrooms, and 11-ft high ceilings, providing an expansive and sophisticated living space. Located along Washington Avenue, these townhomes feature private rooftop decks, perfect for relaxation with stunning city views. Guests will enjoy easy access to Downtown Houston, Montrose, and River Oaks, as well as nearby parks ideal for morning jogs and leisurely strolls. With its top-tier amenities, stylish interiors, and unbeatable location, Houston Sky High Luxury is the ultimate retreat for those seeking a high-end, hassle-free stay in Houston. This is a great TURNKEY opportunity for an operator/investor!

Listing Contacts

LL
TX 540503
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$391,680.00
$32,640.00/mo

Valuation Metrics

0
DSCR
10.2%
Cap Rate
10.2%
ROI

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Additional Information

Name
Lloyd Lee
License
540503
Brokerage Phone
8323359534
Title
TX
Brokerage Address
25250 Northwest Freeway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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