๐ 14 best short term rental opportunities | June 20, 2024
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Turnkey Boutique Hotel, can operate as self-service AirBnB or full-service Bed and Breakfast. Since 1906, the Pump House Inn has been a Pocono landmark. Nearby the storied Skytop Lodge, this inn was recently restored and brought back to life. Along with two additional homes, this 3.63 acre complex is zoned for a wide range of options including an inn, traditional bed and breakfast or a boutique hotel. The classic bar and large dining room were once a popular dining spot and await the next innkeeper. 16 bedrooms, 11 full baths and 3 half baths, some suites, some en suite rooms and one section of economy lodging give a wide variety of options. The lot is gradual sloping and can easily accommodate additional development. Located in Barrett Township, Monroe County the zoning is flexible.
There are many possibilities for a true host entrepreneur. The property has three buildings with a total of 16 bedrooms on 3.6 acres. One could serve as owners quarters (cottage), one could be rented individually (suites building, AirBnB) and the 11 room Inn has the equipment and systems to be run remotely as a boutique self-service inn, or a traditional bed and breakfast. The possibilities are many, especially with their zoning and a township that seems to support their many hospitality venues.
Contact: Mark Shay <[email protected]>
$1,799,000
16 Bedrooms, 14 Bathrooms
Average Daily Rate: $732
Expected occupancy rate: 64%
Monthly expected income: $14,249
Monthly expected expenses: $11,590
Monthly expected cash flow: $2,658
Expected cash on cash return: 7.0%
Discover enchantment at this cedar shake home surrounded by a landscaped oasis. Fully remodeled in 2007, radiates charm & functionality, offering a guest cabin, greenhouse, & work shed amidst its lush "collector's garden". Imagine spending time soaking in the hot tub or enjoying the outdoor shower, embracing the peaceful yard & listening to the soothing ocean breeze. The layout is excellent, featuring hardwood floors, delightful kitchen & open concept design that flows effortlessly. With its potential as a vacation rental, this home promises both relaxation & opportunity. Close proximity to the beach & Westport's marina ensures endless seaside adventures. Embrace the serenity & magic of coastal living, your dream retreat awaits in Grayland.
$359,900
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $233
Expected occupancy rate: 57%
Monthly expected income: $4,040
Monthly expected expenses: $3,002
Monthly expected cash flow: $1,038
Expected cash on cash return: 13.8%
Escape to tranquility with this enchanting 3-bedroom, 2-bath cabin nestled on a sprawling 10-acre property in the heart of Wetmore, MI. This lovely gem offers unparalleled privacy and an array of amenities designed for comfort and adventure. Featuring warm tongue-in-groove cedar throughout, the cabin exudes a welcoming ambiance. The vaulted living room with a propane fireplace is perfect for cozy evenings, while the wood stove adds an extra touch of rustic charm. With 10 acres of lush, wooded land, this property is ideal for hunting, fishing, and exploring the great outdoors. Enjoy direct access to nearby snowmobile trails for winter fun. Enjoy serene lakefront views on Slowfoot Lake, perfect for peaceful mornings, afternoon fishing, and sunset reflections. The 24x32 pole barn/garage, 12x16 heated workshop, 10x12 storage building, and 10x8 woodshed provide plenty of space for all your tools, toys, and hobbies. The 3-season room is a delightful spot for enjoying a cup of coffee, playing cards, or sipping a glass of wine while taking in the beautiful surroundings. This cabin offers the perfect blend of rustic charm and modern convenience. It has also been a popular Airbnb destination, making it a great investment opportunity. Whether you're seeking a peaceful retreat or an adventurous getaway, this Autrain Township cabin has it all. Don't miss your chance to own this slice of paradise โ schedule your visit today and experience the magic for yourself!
$375,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $261
Expected occupancy rate: 66%
Monthly expected income: $5,240
Monthly expected expenses: $3,384
Monthly expected cash flow: $1,856
Expected cash on cash return: 23.7%
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