Investment Opportunity: Pauline’s Apartments for Sale
Welcome to Pauline’s Apartments, an exceptional investment opportunity located in a prime area. This established property boasts high occupancy rates and excellent guest ratings, making it a lucrative venture for prospective buyers.
Property Overview:
- Standard Studios (4 units)
- Size: 30 m²
- Features: 1 king-size bed, sitting area with queen-size sofa bed, kitchenette
- Superior Studios (2 units)
- Size: 35 m²
- Features: 2 queen-size beds, sitting area, dining table, kitchenette
- Standard 1-Bedroom Apartment (1 unit)
- Size: 30 m²
- Features: 1 king-size bed, sitting area, dining table, kitchenette
- Superior 1-Bedroom Apartments (3 units)
- Size: 55 m²
- Features: 1 king-size bed, sitting area with queen-size sofa bed and single day bed, dining table, kitchenette
- Vacation House (1 unit)
- Features: 2 bedrooms (one with a king-size bed, the other with a queen-size bed), 2 bathrooms, large living room, kitchen, front and back porch, private garden
- Note: Rented long-term until August 31, 2023
Performance and Occupancy:
- Occupancy Rate for 2022: 80%
- Average Daily Rate: US $81.54 (including long-term rentals)
Booking Platforms and Ratings:
- Booking.com: 9.1 ranking
- Expedia: 96 guest experience score
- Airbnb: Superhost status
Pauline’s Apartments are marketed through their own website, as well as major booking platforms, ensuring maximum visibility and occupancy.
Current Rental Agreements:
- The vacation house is rented long-term.
- One Standard Studio is rented long-term with a 3-month notice period.
Why Invest in Pauline’s Apartments?
- High Occupancy: Consistent 80% occupancy rate demonstrates strong demand and profitability.
- Excellent Ratings: High guest satisfaction across multiple booking platforms ensures repeat business and positive reviews.
- Diverse Accommodation: A mix of studios, one-bedroom apartments, and a vacation house cater to various guest needs, enhancing market appeal.
- Prime Location: Situated in a sought-after area, attracting tourists and long-term renters alike.Don’t miss this exceptional investment opportunity. For more information and to schedule a viewing, contact us today at ID Realty Group. Secure your future with Pauline’s Apartments!