Kevin Riles Commercial is pleased to offer this exceptional investment opportunity in Houston’s Park Place neighborhood. This 12-unit apartment complex offers a unique mix of long-term and short-term rental income, making it ideal for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio. All 12 units are one-bedroom layouts with six currently operating as Airbnb rentals. Each of these short-term rentals are recently updated and fully furnished. The remaining six long-term rental units offer an opportunity to increase value by modernize the space and increasing rental rates. Converting these additional units to short-term rentals has the potential to increase revenue. The current owner has upgraded the parking lot and completed recent capital improvements. Ashley Street Apartments is excellently positioned at 2917-2919 Ashley Street near 610 South and Interstate 45 South for easy accessibility. The property is conveniently located five minutes north of the scenic Houston Botanic Garden, 13 minutes from William P. Hobby Airport (HOU), and a 20-minute drive Downtown Houston. Whether looking for steady cash flow through traditional rentals or maximizing returns via short-term stays, this property provides flexibility and growth potential. Don’t miss this opportunity to own a strategically located asset in Houston’s thriving rental market.