Description
Furnished MTR | STR Eligible | Turnkey
Investor-owned in Waco generating ~ stabilized annual NOI as medium-term rental. Eligible for short-term rental permit. Buyer to verify. Now producing documented rental income w/ trailing performance available.
All New – 2023 (went down to the studs)
– Roof
– HVAC
– Plumbing
– Electrical
– Siding
– Interior Walls
– Floors
– Windows
Highlights:
• Stabilized annual NOI:
• Avg monthly gross income (selected stabilized months):
• Fully furnished – turnkey operation
• STR permit eligible (buyer to verify)
• No state income tax (Texas)
• Established residential area access to Baylor, Magnolia tourism, & medical demand drivers
Professional management company in place. Selling to redeploy capital into other investments. Not distressed. No seller financing.
Serious investor inquiries only with pre-approval or proof of funds
- Principal and Interest
- Property Tax
- HOA fee
