Purchase Price - $1,995,000

CAP Rate-7.33%
Pro Forma- 7.60%
5 Year master Lease with Old Town Suites LLC
 

  • $160,700 in Annual Gross Income (1st Year Master Lease)
  • Unique mix of Edgar Miller & Sol Kogan designed units
  • 5 units are rented out weekly & 1 unit rented monthly via Airbnb
  • Three (3) years of financials, leases, and future reservations support history and future operations