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  • πŸ”₯(20) Turnkey STR Homes for Sale | 7-10-24

πŸ”₯(20) Turnkey STR Homes for Sale | 7-10-24

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πŸŒͺ Greetings from Houston!

We are reporting from our home base in The Woodlands, Texas, which was hit harder than expected by Beryl. While we are safe, we are working from a local hotspot to get this out due to the lack of electricity and internet. Things are a bit chaotic at the moment!

Thank you for being a valued subscriber.

Best regards,

Andy Thoms
STR Scout

Walk Across the Street to the Beach!

🏑 $319K | Corpus Christi, TX: Charming 2BD, 2BA condo, 1062 sqft, perfect coastal retreat.

  • Private patio

  • Gated entrance, community pool, and BBQ area surrounded by beautiful landscaping

  • Just a short walk across the street to the beach

View Property Details 
STR Agent: Kathleen Miller
Text or Call: (361) 815-8991
Website

Want to see your property here?

Newly Constructed Retreat: Ideal STR in Leicester, NC

🏑 $575K | Leicester, NC: Beautiful 3BD, 3BA retreat, 2251 sqft, ideal short-term rental opportunity.

  • High-end finishes and quality craftsmanship. Open floor plan with high ceilings and plenty of natural light.

  • First property in the subdivision, quiet and well-established neighborhood with no HOA fees.

  • Paved driveway for 2 cars, gravel driveway to the garage for ample parking.

  • Average Host: $48k-$71k Super Host: $71k-$115k

View Property Details
STR Agent: Tyler Coon
Text or Call: (828) 620-2541
Website

Want to see your property here?
STR CLASSIFIEDS | OFF-MARKET PROPERTIES

πŸ’° STR Loan Quote: Get an STR loan pre-approval letter, DSCR loan, cash-out refi, or rehab loan in minutes.

🌲$1.50M | Rockbridge, OH: A must see! The Heartland Hideaways (A-frames) for sale! 3 cabins, 2 A-frames (built 2023) on 12 acres in Hocking Hills. Cash-flowing property with potential for more builds. Incredible income potential. View Post

🏞️ $360K | Colorado Springs, CO: Top 10% Airbnb with 4.98 rating and 370+ reviews. 2BD/1.5BA townhouse, 1269 sqft, grossing $60K in 2023. Huge fenced yard, EV charger, city and mountain views. HOA $280/mo. View Post

🏑 $599K | Austin, TX: Licensed STR in South Austin. 80% occupancy, professionally managed. 12-month gross $75K+. Seller financing: 20% down, 4% interest, 5-year balloon. Includes furnishings, pool equipment, and future bookings. View Post

🏰 $859K | Kissimmee, FL: Windsor at Westside Resort near Disney World! 9BD/6BA, 4391 sqft, vacation rental grossing over $113K in 2023. $75K down, 5-year balloon. View Post

🌴 $700K | Fort Lauderdale, FL: 4BD/3BA property, split into a 3/2 and a studio suite. Approved plans for a similar 4/3 duplex. 10 mins from the beach, near Oakland Park downtown. Zoned for multifamily on a nearly 10,000 sqft lot. View Post

🌴 $325K | Palm Coast, FL: Off-market fully furnished STR in E Section. Top 5% on Airbnb! Recent remodel, new HVAC, garage door, water heater, vinyl fence, LVP flooring, kitchen/baths, appliances, stock tank pool, fire-pit, pergola, and new roof in 2024. Self-managed. View Post

STR CLASSIFIEDS | LISTED PROPERTIES  

πŸ’° STR Loan Quote: Get an STR loan pre-approval letter, DSCR loan, cash-out refi, or rehab loan in minutes.

🌊 $629K | Caledonia, MI: Dream lake house with private beach frontage on pristine Green Lake. 4BD/2BA, 3 stories, cathedral ceilings, updated kitchen with quartz counters. 2-tiered deck, stunning sunset views. Lower level includes 2nd kitchen, bedroom, living room, and laundry. View Post

🏑 $629K | Sevierville, TN: Newly listed Scandinavian getaway! 2BD/2BA + bunks, 872 sqft on nearly 4 acres. Soaring ceilings, huge windows, stunning design. Scenic drive to Smokies attractions. Rental projections $75K+ annually. View Post

🏑 $399K | Belmont, NC: Recently renovated 3BD/2BA, 1481 sqft ranch home. Walk to grocery stores and restaurants. 15 mins to CLT airport, 25 mins to Uptown Charlotte. No HOA! View Post

πŸ”₯ $699K | Pigeon Forge, TN: Just listed charming cabin! 3BD/3BA, 1488 sqft, 1.3 miles from Parkway. Features outdoor fireplace, hot tub, game room, and serene woods view. Great price! View Post

🌳 $429K | Wisconsin Dells, WI: Country living minutes from downtown! 3BD/2.5BA, 1872 sqft home on 2.63 acres. Updated, stunning views, oversized 3-car garage, carport, and shed. Fully furnished for turnkey rental. View Post

🏞️ $510K | Sevierville, TN: 2BD/2BA, 986 sqft with large deck. Minutes from Pigeon Forge, no HOAs, easy access to town. Ready for your personal touch! View Post

🌊 $340K | Hot Springs, AR: 2BD/2BA fully furnished condo in Beacon Manor subdivision. 1178 sqft, includes covered parking spot & boat slip. STR allowed. Features luxury vinyl flooring, central cooling/heating, and lake views. HOA covers many amenities. View Post

πŸ”οΈ $629K | Tannersville, PA: Turnkey 5BD/4BA STR property near Camelback Resort. Over $65K revenue in 2023. 3154 sqft with active license. Stunning winter slope views, wood-burning fireplace, expansive deck, and open floorplan. Adventure awaits! View Post

⛱️ $499K | Gulfport, MS: 3BD/2BA, 2000 sqft. Stunning Gulf views, successful STR, sold fully furnished. Modern 3-year-old home with sleek design, open concept, stainless appliances, stone countertops, and upgraded spa-like bathrooms. Steps from the beach. View Post

🌴 $930K | Miramar Beach, FL: Beautiful 4BD/2BA Paradise Retreat home, a true money machine! Deeded beach access, private heated pool, gated community, fully furnished. Annual income $120K-$122K, projected $130K+. Perfect for investors or families! View Post

πŸ™οΈ $258K | Dallas, TX: Renovated 1BD/1BA city condo, 750 sqft. Monthly Airbnb gross $2600-$2800 with proven track record. Private entry, turfed yard, cedar deck, dedicated workspace, in-unit washer/dryer. Turn-key management available. View Post

🏑 $268K | San Antonio, TX: Price reduction! 4BD/2BA, 1375 sqft STR. 5 mins to airport, 15 mins to Riverwalk & Six Flags. Close to military bases, universities, and medical center. Prime location for maximum convenience! View Post

TOGETHER WITH VACASA

πŸ’Ό STR Property Management: Get a free STR income report that pulls β€œactual STR rental comps” near your property! Discover full service management with Vacasa, the nations largest STR manager.

TRENDING NEWS NUGGETS

πŸ‘Ž 10 Housing Markets Set to Decline: Key markets like San Francisco, New York, Honolulu, Miami, Las Vegas, Chicago, Seattle, Austin, St. Louis, and Washington, D.C., are expected to see home values drop by 2-10% by the end of 2024. Factors include high living costs, outmigration, remote work trends, and economic issues. Investors should consider these trends when planning property investments. β€” AOL

πŸ₯΅ Southern Housing Bubble Warning: Real estate expert Nick Gerli warns of a potential housing bubble in the U.S. South, where new home listings have spiked to record levels. The surge in construction during COVID-19 now meets waning demand, potentially leading to a market correction. Economist Danielle Hale suggests the market may be normalizing, with current prices reflecting better inventory. β€” Newsweek

πŸ’₯ Real Estate Tokenization Boom: The global real estate tokenization market is projected to reach $26 billion by 2034, growing at a 2.90% CAGR. This market enables fractional ownership and enhanced liquidity through digital asset exchanges. Innovations in this sector, especially in North America and the Middle East, offer new investment opportunities with lower costs and increased accessibility. β€” Yahoo Finance

πŸ“‰ Homes Selling Below List Price: In a shift favoring buyers, homes sold for 0.3% below their list price during peak season this year, according to Redfin. Only 32% of homes sold above list price in late spring, the lowest since 2020. Rising inventory and longer listing durations signal a cooling market, offering more opportunities for buyers to negotiate better deals. β€” USA Today

🎈 High Inflation Not Sole Economic Threat: Fed Chair Jerome Powell told Congress that a weakening labor market is now as significant a risk as high inflation. With interest rates at a 20-year high, Powell warned that delaying rate cuts could harm the economy and job market, yet cutting too soon might reverse inflation progress. Recent data shows a cooling labor market with rising unemployment, complicating the Fed's decision-making. β€” Axios

πŸ“‰ US Economic Slowdown: Recent US labor market data shows a clear slowdown, with payroll growth decelerating, unemployment rising to 4.1%, and wage growth cooling to 3.9%. This shift, combined with easing inflation, suggests the Federal Reserve may cut interest rates in September and December. Fed Chair Jerome Powell's upcoming testimony will be crucial in setting expectations. β€” Bloomberg

UPCOMING REAL ESTATE EVENT - INMAN CONNECT