840 Jenkins Valley Rd, Alexander, NC - $707,000

Our client acquired this property for 707K in August of 2023. The property was launched for bookings at the end of September and in December did 26K in revenue (over 1K for every day of Christmas! A Merry Christmas indeed!)

Deal Metrics: 

Purchase Price : $707,000

Down Payment: $70,700

Closing Date: August 15, 2023

Listing Live:  September 25, 2023

Initial Projected Revenue: $130,000

Setup/Design Budget: $260,000

Expected Monthly CoC Return: 26%

Occupancy: 66%

Sold By:

Tyler Coon

*numbers are approximate and not exact*