ποΈ 11 best short term rental opportunities | September 14, 2023
NY, NY, AR, CO, VT, VT, CO, CO, MI, PA, TN

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This cozy and functional A frame offers convenience, easy access and minimal maintenance and the possibility for a live-work lifestyle. Close to the entrance of Forest Lakes, this 2 bedroom, 2 bath home is well laid out with a large bedroom on the first floor, a huge front deck to enjoy your morning coffee or evening beverage, a wood burning fire place to take off the mountain chill at night and ample windows which flood the living space with natural light. Recent improvements include vinyl flooring in the main living area simplifying maintenance and adding to the aesthetic of the home. A compact yet efficient kitchen, just off the main living area, balances functionality with a cozy charm. On the same floor, a full bath ensures convenience for both daily living and accommodating guests. A small deck at the rear of the house offers an outdoor escape, while a laundry room adds a touch of practicality. Head upstairs to the large en-suite bedroom with a small deck perfect for relaxing in the peace and quiet. This home is serviced by natural gas and Forest Lakes Metro District sewer and water ensuring reliability and peace of mind. Once the office to the Forest Lakes Metro District, this property has Local Commercial zoning offering creativity for a live-work situation. Perhaps a coffee cart or taco truck? Buyer to verify with city & county potential commercial uses.
$377,500
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $316
Expected occupancy rate: 60%
Monthly expected income: $5,767
Monthly expected expenses: $3,570
Monthly expected cash flow: $2,197
Expected cash on cash return: 24.6%

Timber Frame Designed home built by the sellers and ideally sighted on the land to maximize privacy, views and immersion in the natural surroundings. Exquisite materials and custom details are evident both inside and outside and offer several vignettes to gather and enjoy the solitude and beauty- both inside and outside. When you enter the front door you can see through to the back deck and the views beyond. Custom library with french doors at each entry allow a peaceful retreat for reading and quiet conversations. The stunning kitchen with professional grade gas range complete with exhaust hood/fan and walk-in pantry opens to the dining and living room spaces the pergola covered patio and the wrap around deck. Upstairs on the second level is the primary suite with private deck, spa like bath, loft office space, recently renovated laundry, main bath and amazing storage space. Just a few steps up to the third floor are two adorable bedroom spaces with birds eye views of mountains and woods. The lower level has a hip vibe to it with all the practicality one would want- cozy bar and lounge area, stunning modern bath, laundry, living room/family room and bedroom. From this level you can walk out to the beautifully hardscaped patio and hot tub! Although there are four bedrooms depicted, the septic is listed as a three bedroom system and as such so is the listing. Showings to begin 09/16
$785,000
3 Bedrooms, 4 Bathrooms
Average Daily Rate: $467
Expected occupancy rate: 67%
Monthly expected income: $9,517
Monthly expected expenses: $7,309
Monthly expected cash flow: $2,208
Expected cash on cash return: 12.7%
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