Investment Overview Gatsby Advisors Brokerage is pleased to present a rare, fully turnkey short-term rental (STR) portfolio located in Houston, Texas. This seven-unit portfolio (Units 1, 2, 3, A, B, C, and D) is fully operational, professionally managed, and generating strong cash flow. The portfolio has minimal overhead and is ideal for investors seeking immediate, passive income or those completing a 1031 exchange. Financial Summary 2024 YTD Gross Revenue: $244,827 Homeowner Net Earnings: $135,716 Operating Expense Ratio: Approximately 4.7% (excluding platform and cleaning fees) This portfolio has been optimized for efficiency and profitability, with operating systems already in place and a local team handling day-to-day operations. Value-Add Opportunity While the current operation is already producing healthy returns, there are several clear paths for upside, including: Increasing daily rental rates to align with current market comps Improving occupancy rates through dynamic pricing tools Converting one or more units to medium-term rentals to target traveling professionals, corporate tenants, or medical residents Leveraging the property's proximity to the Texas Medical Center and major transit lines No Deferred Maintenance Each unit has been consistently maintained to a high standard with no deferred maintenance. Key updates and features include: Modern interior furnishings and décor Updated appliances and HVAC systems Smart locks and integrated security surveillance Quality flooring, cabinetry, and fixtures throughout This provides peace of mind to the next owner and reduces the likelihood of unexpected capital expenditures. Property Features Mix of unit types: Studios, 1-bedroom, and 2-bedroom layouts Fully furnished and professionally cleaned between stays High-speed internet and streaming subscriptions included with each unit Reliable local property management team handles guest communication, repairs, and turnovers Matterport 3D tours and digital marketing infrastructure already in place for seamless marketing and guest acquisition Ample street parking for guests Close proximity to METRORail, major employment centers, universities, and medical institutions Location Highlights Located near key Houston destinations including: Texas Medical Center Downtown Houston University of Houston Rice University Midtown and Museum District Easy access to public transit, retail, and entertainment corridors This central location not only supports strong STR performance but also makes the property well-positioned for medium-term tenants and long-term appreciation. Ideal Buyer Profile This offering is best suited for: Investors seeking stable, cash-flowing assets with minimal operational burden Out-of-state buyers looking for passive income with local management already in place 1031 exchange buyers seeking a diversified yet manageable portfolio Operators specializing in medium-term housing for healthcare professionals, contract workers, or executive relocation clients Why This Deal Stands Out 100% Turnkey: Professionally managed with all systems in place Proven Financials: Over $135,000 net to owner YTD 2024 Scalability: Easy to grow, replicate, or integrate into existing STR platform Clean Asset: No deferred maintenance or capital needs Strategic Location: High-demand rental corridor in Houston Asking Price: $1,650,000 For more information or to schedule a tour, contact: Charles Patawaran, CCIM President | Gatsby Advisors Brokerage Email: charles@gatsbyadvisors.com Phone: (832) 899-4389