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SHORT-TERM RENTAL PROPERTIES FOR SALE 

Property Research Group, LLC is unloading a portion of our portfolio in South Coast, Texas (Galveston). The sale includes the Real Estate, all furnishings as well as the Property Management platform. PRG also has off market properties available under option contract with equitable interest to purchase. The properties are not listed on the market and are all actively booked.


PRG's offshoot Property Management company abetterwaytostaygtx.com can continue to manage the portfolio allowing you a passive Investment approach.


List Price: $874,000 (2 properties) can be purchased individually

Cap Rate:  8 to10% average

Booking Rate:  1.5% average

Occupancy Rate:  72% average

Duplex $474,000

PROPERTY DETAILS

4 Bed | 2 Bath

A beautifully remodeled historic home stamped on concrete floor originally built in 1876. Located in Midtown Galveston, 1 mile north of Seawall (Beach). A  Modern renovation completed in 2019, Duplex (upstairs/downstairs) units with private entrance.  Downstairs is a 1375 sq ft 1 bedroom/1bath, Upstairs is a 1375 sq ft 3 bedroom/1bath.  Property has 2 separate meters, 2 new AC Units. 


12 month ROI

Rental revenue - $76,500

Operating expenses - $20,020

Net operating income (NOI) - $56,480


Single Family Home $400,000

Property Details

4 Bed | 2 Bath

Your future home has been completely remodeled! All appliances and furnishings are BRAND NEW & INCLUDED in sale price, the side yard is shady oasis complete with an attached garage. Kitchen and restrooms feature quartz countertops, soft-close drawers, cabinets and much more! No detail has been spared or overlooked, come and see for yourself.


12 month ROI

Rental revenue - $55,042

Operating expenses - $16,803

Net operating income (NOI) - $32,619


Contact us for more Information

**Disclaimers**

Only serious buyers who are contemplating a purchase of property are permitted to access Confidential Information and need to contact us for Confidentiality Agreement.  Access for any other purpose is strictly prohibited. 


Property Research Group, LLC are NOT REAL ESTATE BROKERS OR AGENTS, OR INVESTMENT ADVISORS, BROKERS, OR SECURITIES DEALERS: PRG, including any of our principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, licensed real estate brokers or agents, or registered investment advisors, brokers, or dealers in securities.

Premium Brand Affiliation 

List your rental property today with Corporate Housing by Owner. If you're a homeowner or a property manager looking to market your rental apartment or home, you've come to the right place!


Please contact [email protected] for inquiries

 

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