Miramar Beach, FL 50k Grossing Condo
**GREAT INVESTMENT***RENTAL MACHINE***OVER 150 FIVE-STAR REVIEWS ***PRIVATE BEACH*** GATED COMMUNITY…
$510,000
Short Term Rentals and Airbnbs For Sale
Short Term Rentals and Airbnbs For Sale
Pending / Sold
$829,900
Back on the market. Once is a lifetime opportunity to buy an extremely profitable real estate rental business. This is not a typical duplex; it is a gorgeously remodeled, nightly rental business that cash flows an average of $5,500 over the last 12 months ($3,900 a month from nightly rentals and $1,625 from the long-term tenants with a corporate lease). With a gross operating income of $66,000 a year, at a 30% expense ratio, this property offers a 5.1% cap rate! If you want to invest in real estate and buy a successful business at the same time, this property is for you! This legal nightly rental boasts a 5-star VRBO rating, a newer roof (2015) and water heaters (2016 and 2020), a fully fenced yard-includes mature fruit and walnut trees, a basketball court, oversized 4-car garage which could be rented separately for RV or boat storage-increasing your already amazing cashflow. Nestled in a quiet neighborhood, this energy-efficient property is close to nearby universities, business centers, ski resorts, and outdoor activities; providing your guests with a luxurious, comfortable and refined experience.
https://www.airbnb.com/rooms/39228794
Listed by:
Clayton Morgan
Troika Real Estate
Source:Â UtahRealEstate.com,MLS#:Â 1792630
See more details for 270 E 5100 S, Ogden, UT 84405 on Zillow
**GREAT INVESTMENT***RENTAL MACHINE***OVER 150 FIVE-STAR REVIEWS ***PRIVATE BEACH*** GATED COMMUNITY…
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