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Updated almost 4 years ago on . Most recent reply

User Stats

33
Posts
24
Votes
Da'Shawn Murphy
  • Investor
  • Cleveland, OH
24
Votes |
33
Posts

Short-term Rental/AirBnb For Sale In Cleveland

Da'Shawn Murphy
  • Investor
  • Cleveland, OH
Posted

Hey BP Family,

Is there anyone interested in a short-term rental? We usually AirBnb the property but some people do stay between 1-6 months. The property consists of 8 bedrooms, 4 bathrooms, 2 kitchens, over 3,000 square feet, 1 lot that can hold up to 4 vehicles as well as a 1 car garage with a driveway. The property is located in the Fairfax area of Cleveland, OH. The owner with the largest share is in Italy and ready to release this from there portfolio. The owner is willing to sell this property for approximately $215,000 (though price is negotiable), as the AirBnb typically brings in between $52,000 and $57,000 of annual revenue. Most of our customers are in the medical field, primarily traveling nurses/doctors, since we are minutes away from several hospitals such as Cleveland Clinic (Main Campus) and University Hospital (Main Campus).

I am the primary handyman when I am home and one of the people who manages the property in case any of the residents need anything. I also do the tours for residents since some of them are also foreigners and they want to ensure that they are using the equipment correctly. Included in the purchase price is over $40,000 of inventory. Every room has beds, each living room and kitchen has furniture and appliances, and there is also washers and dryers in the basement. 

My grandmother and I are the first points of contact to reach the owner, if anyone has any questions or inquiries or know someone who may be interested, please do not hesitate to shoot me a message and I will get as much information to you as possible.

Thank you

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