Profitable absent owner real estate rental property

Asking Price$1,450,000

Gross Revenue
$175,000

Net Operating Income$123,000

FF&E$150,000
Included in asking price
Building Sq. Ft.2778

Price per Sq. Ft.$522.00

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Profitable absent owner real estate rental property


Asking Price$1,450,000

Gross Revenue
$175,000

Net Operating Income$123,000

FF&E$150,000
Included in asking price
Building Sq. Ft.2778

Price per Sq. Ft.$522.00

Property Description
Contact What's APP +1 3109138208 Airbnb turnkey and ready offering compelling revenues, a 8.5% cap rate, high occupancy 92%, , average daily income $522, accumulated 550 reviews with 4.9 stars and got to be a super host., if the potential buyer has the desire for a hands-off cash flow business experience, we have a property management contract ready to go with a team that is already familiar with the property and ready to handle everything out of the gate. This is an amazing opportunity to own a proven business model with strong cash flow and leveraged by appreciating real estate assets.
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
More details can be given for interested buyer call me House built in 2006 fully renovated in 2021 divided to unites can rent all or leave in part and rent other suites, the suits have private entrances and parking, has been in Airbnb for two year and has very good occupancy 92% over the year, accumulated 1062+ reviews with 4.9 stars and got to be a super host. very nice property furnished like 5 stars and has good location 5 minutes away from the beach, LAX airport and shopping center...
Location Description
Good location 5 minutes away from the beach 5,LAX airport and shopping center 10 minutes from LA 35 minutes from orange county
Current and Prior Use
Airbnb Short rental
Year Built
2006
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Monthly expenses Property tax $1280,Utility, Airbnb & others $1350Housekeeping and amenities $1650
Listing Info
ID:
2202581
Listing Views:
2259

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Property Listed by: Ahmad AlKilani

Listing ID: 2202581 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.