Turnkey Cash-Flow Investment – Fully Occupied PadSplit in Houston This 6-bedroom, 2-bath PadSplit is a true turnkey investment. Fully renovated about five years ago and professionally managed, it's currently 100% occupied after six straight months of operational improvements. We've invested in dedicated workspaces in several rooms, brought in an excellent local manager, and have steadily increased occupancy and performance. At the $209,700 asking price, the last six months of operations annualize to approximately an 8% cap rate and 8.5% cash-on-cash return. Even better, the most recent three months annualize to over a 9% cap rate and nearly 13% cash-on-cash, reflecting the momentum we've built. Keep the existing management in place for a hands-off investment, or self-manage if you'd like to maximize returns further. The property is well positioned near I-10, Beltway 8, the Port of Houston, and one of the country's largest concentrations of industrial