🔥20 Beautiful Cabins in Aransas Pass, TX - 20+ CAP Potential!🔥

San Patricio County, Aransas Pass, TX, 78336
Sold
Listed at: April 21st, 2022
Price
$1,799,000
Sq. Footage
5852
Type
Multifamily
Parking
Assigned
Year build
2019
Lot size
2.42 acres
Bedrooms
20
Bathrooms
20
Half Bathrooms
0
Summary

2522 Williams Road, Aransas Pass, TX 78336

20+ CAP Potential!!

**Links Fixed**


Property Overview

20 Units (total)

14 Cabins (total)

5,852 sqft (total)

720 sqft garage / storage

20 beds, 20 baths (total)

2015 - 2021 builds

11 - 1x1 Single cabins

3 - 1x1 Duplexes

Lot Size: 2.42 acres


Walkthrough Video: https://www.dropbox.com/sh/tx5hpeftz2oftoh/AADejpfwNI-uTAuqBeLPVM0Oa?dl=0


Drone Footage: https://www.dropbox.com/sh/kjclcwhbpusyqog/AABxKIXZEZigGn96diRdhj4la?dl=0


Airbnb Potential

Airbnb Monthly Potential Income (20 units rented for 15 days per month): $43,500+

  • 20 units @ $145 per night = 2,900$; $2,900 @ only 15 nights a month = $43,500

Airbnb Potential Monthly Income: $43,500+

Airbnb Potential Yearly Income: $522,000+


***Airbnb numbers are ultra-conservative and are based on occupancy for only 15 days per month @ $145 per night per unit.


Property Details

Brand new water well installed in 2019

All roofs are less than 6 years old!

2 self-cleaning septic tanks (2 and 4 years old)

PTAC AC units in each cabin

14 beautiful cabins!


Financials (rent roll, proforma, & property tax statements)

https://drive.google.com/drive/folders/1SSq7sSYrYhXdNVn0sXr6QYcFe-HgTeS_?usp=sharing


Rent Details

Current Gross Monthly Rent: $22,883

Owner pays all utilities

Month-to-month leases

Potential Monthly Airbnb Income: $43,500+

Potential Monthly Airbnb Income (adding 6 more units): $56,550+

 

More Photos

https://www.dropbox.com/sh/b82m9gbng1qocmw/AAAQ3F5qobG9ufnHiQ9n3w1Sa?dl=0


Asking Price: $1,799,000

Closing Date: 5-23-22 or sooner


Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️

DISCLAIMER: This is an assignment of contract. A legally binding purchase & sale contract has been signed giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Genevieve Gorgos

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Disposition manager