List Price: $550,000
PRIME LOCATION // Located just off Hwy 17 with vehicle counts exceeding 5,600 vehicles/day
MANAGEMENT OPPORTUNITY // Opportunity for a new owner to automate the overall operation; by adding technology (mgmt. software), automating the rental process, accepting credit cards, and utilizing the DaVinci lock system.
ADD VALUE OPPORTUNITY // The current ownership does not charge late fees, admin fees, nor do they offer tenant insurance.
RENTAL RATE OPPORTUNITY // A new owner will be able to push in place rental rates on day one. Currently the scheduled rents are $6,180/year behind the street (advertised) rents. Additionally, the current street rents are below market rents, allowing for even more room to grow the income within the first year.
MARKETING OPPORTUNITY // Current ownership does not do any marketing, with it being a lake community, new ownership can add SEO, allowing to keep occupancy high while increasing rental rates.