9600 sqft | 0.49 acres | #5139407
Description
The Navidad properties are located ~10 minutes from the main campus of Texas A&M University and are located on the school bus route. Hybrid short-term/mid-term incoming producing property. Mid-term leases of 1-6 months from all over the world who come to the campus for research and engineering projects. There is a referral department at the University that also refers clients to the property. The lucrative seasonal sports rentals are a primary source of increased income-producing activity for Aggie home game weeks from September to November. There are two storage sheds behind the buildings that are rented for $45/month.
12 Spacious Units: Each has two bedrooms and one bath. There are three fourplexes.
7 Units Are Furnished: Furnished units include everything a typical short-term guest would need to be comfortable - including kitchen, TVs, washer/dryer, bedroom sets, etc.
5 Units are Unfurnished: Unfurnished units are designed as mid-term spaces where tenants pay dynamic market rents. Units are generally rented for 1-5 months each.
Strong Rental Demand: Prime location near Texas A&M University ensures consistent demand for short and mid-term rentals.
Solid Income Potential: Proven track record of stable rental income and potential for appreciation.
Well-Maintained Property: Regular upkeep and maintenance to maximize property value.
Don't miss this chance to own a profitable investment property in one of Texas's most dynamic cities. Contact us today to schedule a tour!
Property Details
- Utility FeaturesElectricity Available, Electricity Connected, Sewer Connected, Sewer Not Available
- Exterior MaterialsLighting, Uncovered Courtyard
- Elementary SchoolOutside School District
- Middle SchoolOutside School District
- High SchoolOutside School District
- SubdivisionVilla West Phase I
- InteriorRecessed Lighting
- Lot DescriptionModerate Trees
- Property TypeMulti-Family
- Original List Price$1,900,000
- Property SubtypeQuadruplex
- School DistrictBryan Isd
- Taxes Annual$15,573
- MLS #5139407
- Cost1900000
- MLS #5139407
- Acres0.4931
- Utility SourcePublic
- CountyBrazos
- Property ConditionResale
- Square Feet9600
- Year Built1979
- FoundationSlab
- Days on Market (Cumulative)32
- Pets1
Location
Legal
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Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Amy Beck (#815336), Phone: (512) 868-0403
Listing Office: ERA Colonial Real Estate (#3060)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.