Spacious, Work from home near Texas Medical Center

$245,000
3
2
2,310
sq. ft.
$106
per sq ft
Heated sq ft: 2,310 sq ft
Avg Nightly Rate: $145
Home Legally Sleeps: 10
Occupancy Rate: 37 weeks
Annual Gross Income : 30000
Annual Net Operating Income : 10800
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Business Stay, City Life, Couples/Romance, Pet Friendly, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 402

Property Description

A 10 minute drive to Texas Medical Center and NRG Stadium. Westbury Retreat offers a short term stay to a family, traveling nurse or corporate crew for spacious lodging. 3 bedrooms and 2 baths, Westbury Retreat sleeps 10 comfortably, with 4 beds, 2 pullout couches and 2 daybeds. Amenities include high speed WiFi, office set up, free coffee and tea, pool table, games and more. We also allow certain gatherings and events to be held at the home upon approval.

Presented by:
Owner:
robert ferguson
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 338
Low: 125
Peak: 339
Special Event: 239
Avarage: 145.00
Furniture Age
Inquire
Est Value of Furnishings
$15,000
Peak & High Seasons
April, May, June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Property Research group is growing and eager to expand our property management operations in Q2 2020. As a result, we are selling a part of our Short Term Rental (STR) portfolio in the Houston/South Coast Texas area.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
30000
Net Operating Income
10800
Stories
1
Additional Indoor Rooms
Detached Garage for No car, Family Room, Formal Dining Room, Game Room, Home Office/Den, Living Room
Appliances
Dishwasher, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Linoleum, Tile
Security
Yes
Security Description
State of the art home security system with pad panel, doorbell camera and deadbolt keyless entry.
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Energy Efficient Insulation, Energy Star appliances
Year built
1960
Outdoor Features
Deck, Detached Garage, Fire Pit
View
No view
Backyard Exposure
North
Lot Size
8398 Square Foot Lot
Community Features
Tax Amount/Year
$2,800
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
Long driveway
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$9.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
37
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$90.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$1,060.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$958.00
Water/Sewer (Annual)
$797.00
Cable/Interbet (Annual)
$480.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$2,800.00
Homeowner's Insurance (Annual)
$4,500.00
Short Term Rental Insurance Rider (Annual)
$450.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$90.00
Additional Membership Fees (Annual)
Inquire
Acquisition
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