Turn-key Cash-flow Charlottesville Student-housing investment-pre-leased through 2024

[John Herbert]

https://www.zillow.com/homedet...

Turn-key cash flow investment as-is; and soon to be zoned high density so there is future development &/or ABNB upside in the outyears.  No other investment like this near UVA right now.  Professionally managed by a fantastic company but you can self-manage as well.  

A rare UVA investment property $2200/mo lease through summer 2024; with turnkey property management and rent covers the mortgage expenses with a 20% down payment (per owner) Close to UVA, this home has a wonderful location! Wood floors throughout and updated kitchen with granite counter tops and ceramic tile floors. It features a large fenced yard and lots of storage in the unfinished basement. It’s the only spot with a yard as well in that general neighborhood.

Alternative investment strategy could be to make a few updates (e.g., add a bed & bath to the basement) and re-list as a SFH. Great ABNB opportunity as well -- but look into the city rules & regs for that.