Studio house for sale

San Juan TX 00911

Overview

Blocks from Ocean Park beach and only a block away from hip and trendy Loiza Street , this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97, 000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296, 400, unveiling a lucrative avenue for discerning investors. Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community. convenience.

Details

  • Beds: 0
  • Price: $1,995,000
  • Reference No.: 66999645
  • Area: 4,133 sqft

Location

San Juan TX 00911

Studio house for sale

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Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


2024-01-13, Viewed 0 times.