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Updated about 2 years ago,

User Stats

284
Posts
85
Votes
Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
Votes |
284
Posts

Benefits of Buying Adjacent Property

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

Just curious what you all think of buying property adjacent to other property you own vs. elsewhere. 

For example, if you own a property on the top of a mountain, and your neighbor just below you sells, you could connect their properties using trails, build a gym structure shared by each, offer joint bookings so they have the entire mountainside to themselves, etc. Also, the amenities of each building could be added to complement one another, so that no one property has the same games or amenities  (excluding a hot tub of course, which both should have).  

Imagine having 6 STR's, all located right next door to one another. It would be far easier to manage rather than having to build many different networks with different cleaners, etc.

Just brainstorming, and curious if anyone else has done this. 

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