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7 Short/Mid-Term Rental Properties 7 Specialty Properties Offered at $3,464,500 CAD in Johnson City, NY
INVESTMENT HIGHLIGHTS
- All seven properties/ eight units are within a mile of each other, providing ease for management and maintenance
- The properties are very close to area attractions, but are tucked into quiet residential neighborhoods instead of typical hotel locations
- 217 Ackley has spacious living space upstairs, office space, storage, and laundry facilities downstairs for management of all of the properties
- All properties are 5 minutes from the local university, and are within walking distance of 2 hospitals, allowing short drive times for many guests
- All properties have laundry machines, yards, private parking, programable locks, Ring cameras, and fiber optic Wifi
- The office and management space could be turned into another short-term rental unit
EXECUTIVE SUMMARY
Portfolio consists of seven fully furnished, turnkey 3-5 bedroom properties/ eight units developed and operated as short-term/ mid-term rentals by Umbrella Properties LLC since 2020. Customer base is made up of direct leases and customers marketed through STR sites such as Airbnb, VRBO, and Furnished Finders.
PROPERTY FACTS
| Price | $3,464,500 CAD | Number of Properties | 7 |
| Price / SF | $358.90 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 9,653 SF |
| Status | Active |
| Price | $3,464,500 CAD |
| Price / SF | $358.90 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 9,653 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 217 Ackley Ave, Johnson City, NY 13790 | Specialty | 2,304 SF | 1960 | - |
| 131 Bernice St, Johnson City, NY 13790 | Specialty | 1,397 SF | 1950 | - |
| 73 Theron St, Johnson City, NY 13790 | Specialty | 1,208 SF | 1934 | - |
| 50 Shelby St, Johnson City, NY 13790 | Specialty | 1,200 SF | 1933 | - |
| 69 Theron St, Johnson City, NY 13790 | Specialty | 1,200 SF | 1930 | - |
| 94 Theron St, Johnson City, NY 13790 | Specialty | 1,200 SF | 1925 | - |
| 89 Theron St, Johnson City, NY 13790 | Specialty | 1,144 SF | 1930 | - |
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7 Short/Mid-Term Rental Properties
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