Listing courtesy of COMPASS.
A smart investment property that provides great returns! This short-term rental property has a cap rate of 6.5%+ and a yearly net operating income (NOI) of $145k, making it an excellent opportunity for savvy investors. The property's current analysis is based on a 35% occupancy rate, but there's still potential for you to boost revenue & profits. The property has undergone a complete renovation, w high-quality finishes and beautifully appointed interiors. It features 7 bedrooms that can accommodate up to 20 guests, three bathrooms, two full kitchens, and spacious living areas for socializing. Located in a desirable and vibrant neighborhood, this property is sure to attract a diverse range of guests looking for a luxurious & convenient stay.