Off Market STR Opportunity in San Diego

[Mackenzie Black]

Mission Hills Neighborhood (on Albatross) active Short Term Rental (STR)

- Asking $1.85M 

- Gross ~20K - $30K per month; Jan ‘23 to current: $256,000

- 85% annual occupancy rate 

- ‌‌‌‌‌‌Average nightly rate $774, up to $1700 

- Utilities average $4900 per year (gas, electricity, water, trash, sewer) 

- Internet averages $112 per month through cox 

- Current property taxes ~$13,000 per year
Seller is willing to sell home fully furnished and ready to go for the right price (~1.9M). Here’s a link to the listing: https://www.airbnb.com/rooms/682505065448399539?viralityEntryPoint=1&unique_share_id=47C39BCB-51A2-4AA1-A307-713A2E122FB3&slcid=937f1238add042458d231604bf82cee4&s=76&feature=share&adults=1&channel=native&slug=WBm6CbQu&source_impression_id=p3_1721171203_P3x_jDuyI8BKccwn