www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34406642
34406636

11 Locations For Sale

KL
TX 655543
$13,200,000
3 days on market
Updated 0 days ago
Opportunity zone

Houston Luxury Short-Term Rental Portfolio

Details
Property Type Multifamily, Hospitality (+1)
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Units 11
Cap Rate 5.76%
NOI $760,565
Occupancy 47%
Class A
Year Renovated 2022,2023,2024,2025
Buildings 11
Stories 2
Lot Size (SqFt) 5,000 - 11,423
Zoning None
Parking Spaces 6 per unit
Investment Type Core
Ground Lease No

11 established income producing short-term rental properties

Marketing description

Rare opportunity to acquire an established portfolio of 11 fully furnished, income-producing short-term rental properties in Houston, Texas. Nine of the properties are strategically located within the same neighborhood approximately 10 minutes south of Downtown Houston, creating exceptional operational efficiency and a scalable management platform. The other properties are located 2 miles north of downtown and in The Heights (Houston Heights).

This turnkey portfolio is currently operating as a successful short-term rental business with a proven performance history, generating approximately $1,202,550 in annual gross revenue and $760,565 in annual Net Operating Income (NOI). Offered at $13,200,000, the portfolio reflects an approximate 5.76% capitalization rate.

Each property is professionally furnished and equipped for continued short-term rental operations. The sale presents an opportunity for investors to acquire an established hospitality platform with immediate cash flow, existing operational systems, vendor relationships, and the ability to continue servicing current and future reservations, subject to applicable transfer requirements.

Houston's continued population growth, strong employment base, world-renowned Texas Medical Center, Downtown business district, convention activity, professional sports venues, and year-round event calendar provide a diverse demand base for short-term accommodations.

This offering is ideal for investors seeking immediate scale in the short-term rental sector without the time and expense of assembling and stabilizing a portfolio. Opportunities to acquire a concentrated, high-performing portfolio of this size and operational maturity are exceptionally limited.

A Confidential Offering Memorandum, detailed financial information, reservation history, and additional due diligence materials are available to qualified buyers upon request.

Additional Property Information:

1111 E 27th- 4,117 sqft, 5 bed/4 bath, 2 garage + driveway + street, pool, sleeps 17, completed in 2025

2002 Rosewood- 4,295 sqft, 8 bed/8.1 bath, 2 garage+drive+street, sleeps 16, remodeled in 2025

3311 Arbor- 5,952 sqft, 9 bed/9 bath, 4 car driveway + street, sleeps 18, remodeled in 2025

3217 Binz- 5,798 sqft, 9 bed/9.1 bath, 2 car garage + driveway, sleeps 18, remodeled in 2024

3516 Southmore- 5,548 sqft, 9 bed/9 bath, 2 garage/2 cpt + driveway, sleeps 21, remodeled in 2024

1015 Brooks- 3,305 sqft home+duplex, 9 bed/9 bath, 3 cpt + driveway, sleeps 26, remodeled 2022

3318 Wichita- 4,915 sqft, 9 bed/7 bath, 1 garage/1 carport + driveway, sleeps 18, remodeled in 2025

3741 Charleston- 3,747 sqft, 9 bed/6 bath, 6 car driveway + street, sleeps 22, remodeled in 2023

3719 Odin- 5,062 sqft, 10 bed/7 bath, 1 carport + driveway + street, sleeps 20, remodeled in 2025

2724 Southmore- 4,447 sqft, 8 bed/8 bath, 6 car driveway, sleeps 16, remodeled in 2025

2618 Truxillo- 3,474 sqft, 8 bed/8 bath, 5 car driveway + street, sleeps 23, remodeled in 2023

Investment highlights

  • 11 income-producing short-term rental properties
  • 9 properties strategically clustered within the same neighborhood
  • Approximately $1,202,550 in annual gross revenue
  • Approximately $760,565 in annual Net Operating Income (NOI)
  • 5.76% capitalization rate
  • Fully furnished and operating
  • Proven operating history with established systems and processes
  • Immediate in-place cash flow
  • Existing management infrastructure and vendor relationships
  • Significant barriers to replicating a comparable portfolio in today's market

Listing Contacts

KL
TX 655543

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$760,565.00
$63,380.42/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Chance Brown
License
9001502
Brokerage
CB&A Realtors
Brokerage Phone
832-678-4770
Title
Broker of Record
Brokerage Address
20840 Cypress Rosehill Dr, Tomball, TX 77377
Name
Krista Lancton
License
655543
Brokerage
CB&A Realtors
Brokerage Phone
832-678-4770
Title
Broker Associate
Brokerage Address
20840 Cypress Rose Hill Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591