Cuartos Amoblados SETX Room Rentals

14 house asset portfolio for sale.

118 bedrooms. Capacity for 130+ guests

$795,000 NOI

Asking $3,919,000 cash conventional or & or Subject to seller finance pricing available. DM ask for Google spread sheet, layouts, links to each property, & map.

$705,000 Down , at 8.5%, rate buy down available with extra 5-10% down 7.375%-8.375%. AMC appraisals done & in hand. There are 4-5 Properties that we are in process of refinancing to enable a seller finance.

This is being marketed at 20.2 CAP Rate. Sub 2 investors. This is your chance to make 50%-85% cash on cash returns maybe more. At 16 cap rate this is valued at $4,964,000, at 13 cap rate this is valued at $6.1M.

This is a new coliving potfolio that is serving SE Texas region of Beaumont, Port Arthur & Orange 🍊 Texas Refinerys. With 5,000-10,000 refinery workers , the ports, local schools at Lamar Univestiy make this a lucrative long term buy and hold.

Value add opportunities include adding 8-10 private bathrooms. (50%-100% return on these value adds, & opportunity to develop parking. 25-30 spaces at $200-$300/ mo per space. $6000+ in possible increased monthly NOI from parking.

DM for more info. Thank you. 🙏 Michael Alexander

We fix flip and seller finance affordable homes and now we develop coliving portfolios to buy hold, and eventually hand off / sell.

There is a cash flow evolution happening en coliving real estate.🏡 get it while the gettin’ is good. Cheers 🥂: )

Mike 409-402-8006

Expenses available in Google sheet / excel . We do have lots of initial interest. If you’d like us to consider your offer please get LOI to us asap this week. Thank you.🙏

Beaumont, Port Arthur, Orange, Nederland, Bridge City, Vidor ROOMS & APARTMENT SUITES
CUARTOS Y APARTAMENTOS PRIVADOS. 409-402-8006 Mike Estamos para servirle. At your service.

$750/ 1st month JANUARY SPECIAL
Then $212.50/ week
OR $800/month GROUP DISCOUNTS

ALL BILLS PAID
INTERNET
WASHER DRYER OR LAUNDROMAT
FURNISHED ROOMS & APARTMENT SUITES

Beaumont, Port Arthur, Orange, Nederland, Bridge City, Vidor