SHORT-TERM RENTAL DEVELOPMENT OPPORTUNITY | MULTI-UNIT POTENTIAL Value-add investment opportunity with 3 existing units and additional development potential (buyer to verify grandfathering and expansion options). Property is prepped for development with improvements already completed: • Graded lot • Tree removal completed • Utilities in place (septic, well, electricity) Ideal for building a high-performing short-term rental, with projected gross revenue potential of ~$80K+ annually upon stabilization (based on market comps). Investment Highlights: • Multiple income streams (3-unit configuration) • STR-friendly setup with strong revenue upside • Significant tax advantages through depreciation and cost segregation strategies • Value-add through new construction and site optimization Partnership Opportunity Available: Seller open to 50% equity partnership (~$160K buy-in + development costs) for qualified investors seeking an active STR project. Perfect for investors looking to offset W-2 Income and own stable assets. Call for more detailed information.
Listing courtesy of Listing Agent: Wyeth Bothwell (wyethbothwell@gmail.com) from Listing Office: EXP Realty of California Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.