Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $172 per day and long-term for an average of $1,232 per month, based on similar listings in the area. Estimated short-term cap rate of 5.0%. Estimated long-term cap rate of -0.7%. Don't miss this fully renovated 2nd story end unit, 1-bedroom, 1-bathroom condo in a central Chapel Hill location. New floors, paint, kitchen and bathrooms- all done in 2025! NEW HVAC! Excellent rental history (100% for the past 20 years) and also makes a great medium-term rental for traveling nurses, etc.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $317 |
Rental Policy | daily |
Yearly Taxes | $1032 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 705 |
Furnished | N/A |
Year built | 1967 |
Listing Status | Off Market |
MLS | 10080511 |
Short-term Rental Potential
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$24,636
Revenue
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$246
Price/SQFT
Long-term Rental Potential
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$14,784
Revenue
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