Cash flowing triplex, 9.5% Cap Rate, 1 block away from Woodlawn Lake with partial Lake View from each unit. 2 units renting mid-term with 3-12 month leases, 1 renting short term. (Currently listed on MLS with a 1-day Agent cancellation clause, contact me for investor pricing)
Location is 10 minutes from the Riverwalk/Pearl, with quick access to the Medical Center, Seaworld, Six Flags.
Zoned RM-4 with the ability to build another Tiny House. All 3 units Rehabbed and Furnished (~400K) and no HOA, gross annual income of $80.7K and a Net Operating Income of $63K. Back two units established MTR's with 3-12 month leases, front unit renting short term. Sale includes all furniture, STR consumables inventory and local contractor list.
Unit #101 - airbnb.com/h/waverlylakehouse
Unit #201 - airbnb.com/h/waverlysurfhouse
Unit #301 - airbnb.com/h/waverlyoceanhouse
https://youtu.be/X3FGyuckCU0?si=iNxMh-Wi-9iG1UnQ