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12-Unit Airbnb Portfolio - Houston, TX 2 Multifamily Properties Offered at $2,791,840 CAD in Houston, TX

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INVESTMENT HIGHLIGHTS

  • Demonstrates strong guest demand and consistent bookings, indicating the property’s desirability, effective management, and reliable income potential.
  • Strong and stable revenue potential through effective marketing and operations.
  • Over 140,000 people travel to Houston daily, creating strong demand for short-term rentals and boosting year-round occupancy potential.
  • The new owner can choose between continuing as a short-term rental, mid-term rental, and student housing rental options.
  • Over 140,000 people travel to Houston daily, creating strong demand for short-term rentals and boosting year-round occupancy potential.

EXECUTIVE SUMMARY

Sands Investment Group is proud to exclusively present the Polk Street Airbnb Property—a fully renovated and fully furnished 12-unit short-term rental property featuring a neighboring 10-plex with studio units and a duplex with two-bedroom, two-bath units on each side.
This turn-key Airbnb property generates strong, reliable cash flow with significant upside to further increase NOI. Located just 2 miles from Downtown Houston, 5 minutes from the University of Houston, and in close proximity to the Texas Medical Center, the property maintains an impressive average occupancy above 85%+, driven by the city’s robust tourism—with over 140,000 daily visitors—and proximity to top-tier shopping, dining, healthcare, and university amenities.
With over $400,000+ in recent renovations and furnishings, this property is ready for immediate operation and offers investors multiple investment paths—including short-term, mid-term, student, or travel nurse rentals. This flexible investment opportunity combines stability, versatility, and strong growth potential in one of Houston’s most dynamic rental markets.
The Texas Medical Center, the largest medical complex in the world, employs tens of thousands of healthcare professionals, researchers, and support staff, many of whom require temporary housing for short-term contracts or training programs. Its constant flow of traveling nurses, medical residents, and visiting specialists creates a strong, consistent demand for quality short-term and mid-term rental options nearby.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BOR: Max Freedman - Lic. TX #644481

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD)
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual -
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $2,791,840 CAD
Price / SF $425.00 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.69%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,569 SF
Total Land Area 0.38 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
4948 Polk St, Houston, TX 77023 Multifamily 3,600 SF 1950 -
4950-4952 Polk Street, Houston, TX 77023 Multifamily 2,969 SF 2000 -
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  • Listing ID: 33605962

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 12-Unit Airbnb Portfolio - Houston, TX, Houston, TX

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