Wanting to sell one of my properties (Active and successful STR)

[Jason Nazarenko]

I have one STR that I am starting to get ready to list. My portfolio currently consists of 6 Active Vacation Rentals (Air B&B & VRBO) and a few other properties that is continuing to grow. I am looking at selling one only to free the capital up so that I can open a Taproom and Pizzeria in the town that will propel the area in a much needed way.

Check out potterblock.com to see part of my portfolio. I am listing 310 Harding Blvd. Cotter, AR 72626 (Fisherman's Hideaway). 

Cotter is a Fly-fishing haven and the area is incredibly desirable.  I have plenty of friends that are realtors, but I am trying to hold on to as much of the funds as I can to be able to dump them into the Taproom/Pizzeria Project (I have already acquired this new property and am ready to build out).

Average revenue for the property I am selling has been $2500 per month, with highs being $3200 and lows being $1800. I am selling it turn-key with everything that is in it currently and will ensure a streamlined transition for the new owner.  There is still some areas for value add in the home that can allow the new owner a chance to increase their revenue quickly.

Gladly chat with anyone that is interested in the property or that has some information that could help me with this. I am looking at putting the funds raised into a self directed IRA that can be used to fund a startup to help with the tax burden.