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Updated over 1 year ago, 07/11/2023
West Eleventh Residences: An Airbnb Building, Your Thoughts?
https://www.bizjournals.com/so...
2 of my friends just invested, one in a studio for 540k and one friend invested in a one bedroom apt for 1 mill.
Studio apartments now starts at 650k. They're asking for 10 precent at the time of signing, again after 6 months, one year and 2 years.
Building will be completed by 2028 (might be longer), nightly rate with airbnb could be between 350-450$ for a studio apt, I know with this money I could buy 2 SFH somewhere else in FL. Your thoughts?