Fredericksburg Short Term Rental $550k
229 Sunday Cir, Fredericksburg
ROI
19.35% IRR
Strategy
Short Term Rental
Located in Texas Wine Country just west of Austin. This is a turnkey short term rental operation with excellent ratings and a full calendar of bookings that will convey with the sale. HOA allows STRs and HOA fee covers water, trash and community pool access. The property has averaged $6600-$7000 per month for the last 17 months. Management will convey for a seamless ownership transition. Asking price is $600k. I think we can pick it up for $550k or less. HOA $125. Taxes $4596.
