Renovated Multi-Family/Short-Term Stay

Renovated Multi-Family/Short-Term Stay

Renovated Multi-Family/Short-Term Stay
Houston, TX
January 17
Auction Date
Inquire

Highlights

Overview
Rare opportunity to buy a cash flowing asset with potential upside. Short-term stay furnished apartment building with experienced long-term management in place. All apartments furnished and recently renovated. Superior cash flow and returns on investment opportunities relative to a conventional multi-family rental.

Total Units (8)
6x 1-Bedroom, 2x 2-Bedroom

Renovated
2016 ($75,000 per unit)

Building Size
4,896 SF (gross)

Parking
8 Spaces

Listing Broker
Fine and Company TX, LLC

Location
Montrose is one of the most interesting, culture-filled pockets of Houston. Out-of-towners flock to Montrose and seek short-stay housing options. Its residents are energetic, idealistic, diverse, and people who love calling this neighborhood home due to its walkability, unique restaurants, and shops as well as the exciting art scene.

How to Participate

  1. Download Brochure Click Here
  2. Review Due Diligence Click Here
    Click above to order a detailed Bid Packet including contract, preliminary title report, survey, and additional due diligence.
  3. Tour Property
    By appointment only on December 13, December 21 or January 5. Email info@prusa.com to arrange tour.
  4. Submit Bid by Deadline: Tuesday, January 17 at 2pm CDT
    You must submit a written bid by the bid deadline. Instructions are included in the Due Diligence Information.