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; six currently operate as Airbnb rentals, fully furnished and recently updated. The remaining six traditional rental units offer an opportunity to renovate and increase value. 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. The Ashley St Apartments are near 610 South and Interstate 45 South for easy accessibility. They are just north of the Houston Botanic Garden, 13 minutes to Hobby Airport, and 20 minutes to Downtown Houston. Whether looking for steady cash flow through long-term 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.