Got a $4.25M Airbnb Portfolio down in South Padre Island TX Available. Check out the terms below and/or let me know if you have a buyer we can JV. Property Details: - Address: 106 W Corral St, South Padre Island, TX 78597. - Units: 17 purpose-built STR studios. - Year Built: 2024. - Status: Active STR operations with Airbnb-integration. The listings have strong reviews and high booking volume. - Zoning: Legal Commercial STR with no caps or overlay risk. Financial Highlights: - Price: $4,224,857. - Price/Unit: $248,521. - Cap Rate: 7.00% (T-7 Actual + T-5 Projected Blended). - Gross Income (2025 Projected): $343,134. - NOI: $295,740. The NOI is modeled using trailing Airbnb payout data through July 2025 and forward projections. Key Investment Merits - Below Replacement Cost: The price is below the estimated replacement cost of land plus construction. The per-unit price of $248,521 is also below coastal STR comps, which are typically $275K-$375K per unit. - High Margin: The NOI is 86% of the gross income due to efficient STR operations, with a stable 13.8% OPEX margin. - Day 1 NOI: The blended actual and forward income provides Day 1 NOI with minimal ramp. - Rare Entry Cap: The 7.00% entry cap is rare for a submarket that typically trades between 5.5%-6.0%. Exit Strategy: - The flexible exit strategy includes a potential resale to an STR fund or REIT at a 5.5%-6.0% cap rate. - Resale scenarios based on NOI growth support a resale value between $4.73M and $5.14M. Pitch Deck/Pics/Financials/Site Plans: https://drive.google.com/drive/folders/1R9Inz4LyxbrI3EgMC8qTvSmkT6SmiLfm

Today, me & @Angelis Loperena just closed on the 2nd side of a duplex (we already owned the first side). Now we own the whole thang! And they were both recently remodled so we did NOTHING. ALL ON CREATIVE FINANCE TERMS - TWO DIFFERENT SELLERS The first side terms: - Closed 6/6/2025 - Took over existing mortgage Subject to (3.25% @ $140K note) - $18.5K down - $30K seller finance @ 0% interest ($3K annual installments to seller) - Exit strategy: Tenant paying $1500/mo (+$350 monthly cash flow) 💰 The second side terms: - Closed today 8/8/2025 - Took over existing mortgage Subject to (3.75% @ $146K note) - $18.5K down - $16.7K seller finance @ 0% interest for 4 years ($333 monthly payments to seller after 12 months) - Exit strategy: Tenant lined up to pay $1600/mo (+$450 monthly cash flow) 💰 - @Henry Lewis as the private money equity partner! +$800 cash flow on this duplex This is the kind of deals you guys can learn how to structure in this community, for not only your buyers and get fat assignments but also for your portfolios. 💰💰