Purpose Built Short Term Rental in Atlanta

[Dennis Tidwell]

Investment Info:

Townhouse other investment.

Purchase price: $1,300,000
Cash invested: $1,300,000

Short Term Rental in Atlanta
Weekend rate: $1,000/ night (unit A) 100% occupancy
Weekend rate: $1,000/ night (unit B) 100% occupancy
Week day rate: $550/ night (unit A) 60% occupancy
Week day rate: $550/ night (unit B) 60% occupancy

What made you interested in investing in this type of deal?

Cash Flow

How did you find this deal and how did you negotiate it?

Home builder working with investors

How did you finance this deal?

Investor financed with cash/ hard money

How did you add value to the deal?

Homebuilder

[Dennis Tidwell]

Thanks Azeez. I build these purpose built homes in Homepark. I have 4 more under construction. It's the perfect location for STRs. I would like to meet up with you if your in neighborhood.