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Cash Flowing Corporate Rental Business - Bay Area, CA

San Mateo County, CA
Asking Price:$178,000
Inventory:$35,000
Established Year:2022
Gross Revenue:$130,000
Rent:$6,300/Month
Listing ID: 2204344Listing provided by BizBuySell
BUSINESS DESCRIPTION

Combo of STR & MTR Business

***BOOKINGS INTO 2025***

Welcome to our thriving business offering three arbitrage rental properties nestled in the heart of Belmont, CA. These 3 meticulously curated units boast a combination of short-term and mid-term rentals with a proven track record of 2+ years, exceptional reviews and repeat guests. Each offering one-bedroom accommodations in an A+ neighborhood. The sale includes all furnishings across the units, along with existing bookings and lease agreements, ensuring a seamless transition for the new owner.

With a roster of satisfied repeat customers, as well as professional cleaners in place, we're committed to delivering exceptional service and convenience. For interested parties, financial details are available upon signing a Non-Disclosure Agreement (NDA).

Don't hesitate to reach out for further information and take the next step towards owning this lucrative venture!

DETAILED INFORMATION
Location
San Mateo County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,800
Facilities
These 3 units are fully furnished with high value brand new amenities. This includes queen size bedding, premium Casper Mattresses, 100% cotton sheet sets and towels, 50" LG TV's, sofa beds, all kitchen supplies, appliances and utensils, everything you need in great condition.
Competition
The market is steady and has room for growth. While competition is high, it is exceeded by demand in this location. We are among the few who have found a way to be profitable with arbitrage in this market, most direct competition comes from property owners, looking for ways to increase profitability from traditional tenants.
Growth & Expansion
San Mateo County is rapidly growing with tech and other corporate companies moving in. The location has always been in high demand with clear signs of continued growth. Filling corporate needs continues to be the best area for growth as some can command a premium. There's room to add more units, only cons is an increased need for ongoing competent management. 12+ month lease options available.
Support & Training
Systems are in place to pass off to you is this is a turn key operation. We are happy to stay on and guide the process after sale, and can provide a referral partnership for continued guest leads.
Reason for Selling
Partners wish to focus on new projects and wish to avoid ongoing management.
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Lyndsey Mott
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Lyndsey Mott
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