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Apartment Building / Condo Building
Great opportunity for a owner/operator to own a Beachview complex just past the 4 way stop in West Bay and before the West Bay Public dock. The vendors have built a very successful Airbnb and VRBO rental business and has filled a niche market for inexpensive short term rentals, records show a 85 to 90% occupancy for the past 12 months. Totally updated, clean and decorated really well, 6ft ROI to soft sandy Seven Mile Beach directly in front of the complex.. Guest rave about it, in fact, they have achieved Superhost status already! Stratified into 7 units already., 50,000 gallon cistern., great area for outdoor dining, and BBQ area. At List price, net of expenses, it shows a 8.5% ROI including a decent management fee.
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