12-Unit Airbnb Portfolio- Houston, TX

4948 Polk Street, Houston, TX, USA

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.

INVESTMENT HIGHLIGHTS:

  • High Occupancy Rate (85%+): Demonstrates strong guest demand and consistent bookings, indicating the property’s desirability, effective management, and reliable income potential.
  • Multiple Investment Strategies: The new owner can choose between continuing as a short-term rental, mid-term rental, and student housing rental options.
  • Revenue Potential: Strong and stable revenue potential through effective marketing and operations.
  • High Visitor Volume: Over 140,000 people travel to Houston daily, creating strong demand for short-term rentals and boosting year-round occupancy potential.

LOCATION HIGHLIGHTS:

  • Texas Medical Center: Houston is home to the largest medical center in the world.
  • Downtown Houston: Prime location, only 2 miles from downtown Houston.
  • Major Highways: Quick connections to I-45, I-10, and the Inner Loop I-610 for convenient commuting.
  • Area Highlights: Close proximity to popular shopping centers, restaurants, stadiums, universities, and hospitals.

KEY FEATURES:

  • Renovated Interiors/Exteriors: Brand new roof on the 10-plex and duplex; renovated interiors on all 12 units.
  • Amenities: Outdoor patio and shared common areas consisting of a landscaped courtyard, outdoor lighting, a lounge area, and picnic tables.
  • Parking: Private and ample parking spaces for all tenants.
  • Laundry: Shared laundry facilities for all tenants.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Price

$2,000,000

Cap Rate

7.70%

PREMISES

0.55 Acres

BROKERS

Andy Jones
Fort Lauderdale

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