2513 Beaumont Ave | McAllen, TX | $450,000 | Turnkey 5-Unit STR Portfolio

Investment Overview

SVN | Hanna Solutions Commercial Real Estate is pleased to present 2513 Beaumont Avenue, a fully renovated five-unit short-term rental portfolio in McAllen's Medical Corridor. The property generated $83,138 in gross Airbnb booking revenue in 2025 across 298 reservations and 1,640 booked nights — figures verified against unit-level host transaction exports, not seller estimates — reconciling to $82,563 collected after refunds and adjustments. Totaling 3,660 SF of living area (5,726 SF gross building area per HCAD) on a 0.155-acre lot, the portfolio consists of four 2BR/1BA units and one 1BR/1BA. All five units are furnished, listed, and actively hosting under a self-check-in operation. At $89,800 per unit and roughly $123/SF, the asset is priced below replacement cost for renovated product in this submarket. The investment thesis is operational, not structural. The current owner self-manages with flat, static pricing, achieving a $39 accommodation-only average daily rate against a tracked market median of $110. For a buyer with professional revenue management, the upside is a pricing decision — every $10 of achieved ADR is worth approximately $15,900 per year at 2025 booking volume. Guests averaged 5.5 nights per stay, longer than typical leisure STR product, reducing turnover cost per booked night. Located within two miles of Rio Grande Regional Hospital and South Texas Health System, demand is need-based and calendar-diverse — traveling nurses, visiting specialists, contractors, and patients' families — supporting year-round occupancy. Long-term rental conversion at $800–$900 per unit per month (broker-pulled comps, July 2026) provides a structural fallback. Contact: Cole Carpenter | SVN | Hanna Solutions | (956) 322-4001 | Cell: (571) 420-0470

Investment Highlights

• Verified 2025 income: $83,138 gross bookings / $82,563 collected — tied to unit-level Airbnb exports
• 298 stays, 1,640 booked nights, 5.5-night average stay
• $39 achieved ADR vs. $110 tracked market median — pricing upside, not a construction project
• $89,800/unit, ~$123/SF — below replacement cost
• Five doors, one address: single cleaning route, consolidated operations
• Medical Corridor: < 2 mi to two hospital systems; year-round need-based demand
• LTR fallback at $800–$900/unit/month for 2BR units (July 2026 comps)