Rental Rates for Studio Jacksonville FL
Hey everyone, I have a property in the springfield part of town and I'm considering on changing them to studio units to hopefully get better rents or even do airbnb. I noticed that the high end luxury apartment buildings are charging 1100-1500 for studios. Anyone have thoughts or any red flags on this plan? Plan on cosmetic updates to modernize the studio units.
How much rent do you think I can get? Anyone have any expertise in airbnb in Jacksonville specifically?
Thank you