Private condominium inside of the hotel for daily rent, high ROI

Las Vegas, NV (Clark County)

Private condominium inside of the hotel for daily rent, high ROI

Asking Price:$200,000

Cash Flow:$28,800

Gross Revenue:$38,400




Real Estate:$200,000


Private condominium inside of the hotel for daily rent, high ROI

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Business Description

Licensed condominium for short-term/vacation rentals in hotel with strip view. Rent place for a day, week or month and collect hefty profits. Very easy to operate since most of processes are automated. Owners are allowed to use property for personal purposes. Purchase can be financed with several lenders.
4 major ways to generate cash flow:
1. Self-rent, Owner handles all reservations and cleaning.(training provided)
2. Leasing. This property can be rented for $2000 a month as soon as close of escrow guaranteed, tenants are ready to sign leasing agreement.
3. Marketing company. Marketing company takes care of reservations, guest relationships, owner receives monthly check based on performance.
4. Hotel rental program. Hotel has own rental program which can be used to manage property.
Cash flow calculation is based on self-managing method.. Investment is secured by real estate with value increasing within time.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Privately own unit in condominium hotel, completely licensed for short-term/vacation rentals allowing to rent place to guests on day-to-day basis. Convenient location with repeat clientele. (Home Based)
Prime Las Vegas location that allows to rent residential property for less than 30 days. Very fast growing industry with a lot of potential.
Growth & Expansion:
Possibility to buy one condo at a time or hundreds of units within time. Many ways to increase profitability.
Support & Training:
2 weeks consultation support
This business is Home-Based

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Alex Kostushin

Business Listed By:
Alex Kostushin

VIP Realty Group

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