Four Houses generating Airbnb Income in Lyons, GA! Absentee Operated! Cap Rate over 13%! Income is $5,500 Monthly!
Four Houses generating Airbnb Income in Lyons, GA! Absentee Operated! Cap Rate over 13%! Income is $5,500 Monthly!
Price: $499,000
Industry: Hotels, Motels
Listing ID: LYONSGA4HOUSES499K
Airbnb income is $5,500 per month! Consistently occupied by Airbnb and Vrbo guests throughout the year!
Houses are always occupied and busy! Seller will be able to provide P&L and reservations list!
Cap Rate over 13%!
Deal includes 4 houses located adjacent to the store! 3 houses are generating Airbnb and Vrbo income with an opportunity to increase income with the 4th house! The 4th house is the largest house and only requires renovations to open!
Each house is a 2 bedroom and 1 bath, with the 4th house being 3 bedrooms and 1.5 bath!
Seller has cleaning staff in place to manage the houses!
The 3 houses currently being rented include new mattresses, TVs, and the latest Washer and Dryer!
Seller is in Atlanta and has a fulltime job so he cannot run the property.
20 mins from Vidalia and Swainsboro, GA! 40 mins from Dublin, GA! 1 hour 30 min from Savannah, GA! 2 hrs 45 mins from Atlanta, GA! 1 hour 20 mins from Macon, GA! 1 hour 40 mins from Augusta, GA!
Factory located 15 minutes away which brings a lot of Airbnb and Vrbo guests consistently! Hunting ground nearby pulls in a lot of year-end guests.
Minimal competition! Only one other Vrbo in a 5-mile radius!
Asking Price for the 4 Houses: $499,000!
The seller is willing to sell the three houses separately for $160,000 each, and the fourth house, which requires renovations, for $75,000.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: N/A
Cash flow: $66,000
Reason For Sale:
Seller is in Atlanta and has a fulltime job so he cannot run the property.
Year Established: 1940