2066 Bunts Road
Property Description
CASH COW | TURNKEY SHORT-TERM RENTAL BUSINESS | 5+ YEAR RENTAL HISTORY | SELLER FINANCING AVAILABLE Multifamily property with multiple purchase options. Purchase the property as a traditional multifamily investment or owner-occupant property, or purchase the property along with the established short-term rental business. The short-term rental business is being offered as an established, turnkey operation with a 5+ year rental history, existing furnishings, bookings, and operating history. The short-term rental operation has averaged $78,200 in gross annual revenue, with more than $10,000 in Q4 bookings already scheduled. Current owners are also willing to continue managing the short-term rental operation for the new owner. Contact the listing agent for additional details regarding the business sale and management options. Recent improvements and features include roof (2011), windows and siding (2016), electrical panel (2016), heated soundproof garage (2016), furnaces (2017), central air (2017), plumbing (2017), driveway (2022), all-new drywall, 15 feet of granite countertops, outdoor refrigerator, keg fridge, grill, snowblower, private backyard oasis custom 14' x 15' rough-sawn cedar pergola with metal roofing, cedar privacy fence, and a 36-inch, 100,000 BTU fire ring built over a concrete foundation with a dedicated hose connection and built-in tank storage. A waterfall feature and thoughtfully designed outdoor entertaining space complete this turnkey property, making it ready to enjoy or operate from day one. Seller financing available. The seller is willing to finance up to $200,000 for a qualified buyer. Contact the listing agent for additional terms. Verified short-term rental earnings documentation is available to qualified buyers. Buyer to independently verify income, expenses, licensing, zoning, short-term rental requirements, permits, and business transfer details. Open house : Oct 7th 4pm-7pm
Broker Details
Real Brokerage Technologies (440) 391-1650
MLS ID: 2022003788 State License Number: 2022003788
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $499,000 |
| Year Built: | 1923 |
| Lot Size: | 3,600.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5247586
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
835 Driftwood Drive
St. Cloud, Minnesota
108-114 3rd St & 507-513 W Huron St
Ann Arbor, Michigan
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout