Studio condo with a killer COCROI!
Investment Info:
Condo buy & hold investment.
Purchase price: $185,000
Cash invested: $60,000
This is a great little studio condo at a great little resort in Gulf Shores, Alabama! The property needed quite a bit of work, so we got right to it and knocked out the rehab in 3 weeks. We completely remodeled the kitchen, including cabinets/counters/backsplash/appliances. We painted it and got all new furniture. It is posted on AirBNB, VRBO,, and our direct booking website, www.libertyvacationrentals.com. This property is on track to produce a 35%+ Cash on Cash Return! Gotta love real estate!
