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Turn Key Short Term Rental Management Company in Nashville

Nashville, TN
listing image
Asking Price:$600,000
Gross Revenue:$300,000
Cash Flow:$200,000
Established Year:2021
Listing ID: 2283572Listing provided by BizBuySell
BUSINESS DESCRIPTION

16 contracted leases + fully staffed operation

Been wanting to get into the short term rental industry specifically in the Nashville market? Even with no or little experience this can be the perfect opportunity! This is the sale of a registered company in Tennessee. The sale includes a Property Management portfolio of 16 managed NOO STR contracts in the Nashville area. It is completely turn key operational. Please note, this is not the sale of the tangible properties.

Included-
-Registered LLC and established Company Name
-Over 2000 email/phone number client list
-Airbnb/VRBO profiles with reviews and listings already established
-Channel manager set up + running with website
-Staffed fully (cleaning and maintenance)
-Local collaborations with other companies
-Properties fully turn key and furnished/stocked
-Keep current reservations
-3 year leases starting with your takeover date with options to extend from property owners on 16 units
-60 day CEO consultation/onboarding to new buyer including assisting moving over bank accounts, utilities, etc

Great opportunity for someone looking to get into the business with little experience. Nashville is one of the hottest and secure STR markets in the country and we have 16 of the Non-Owner Occupied permits which allow you to run 365 days a year and maximize on profit. These permits are rarely given out anymore. We will make this as seamless and set up for success as possible. Complete company take over with our guidance as much or little as needed during the 90 day transition.

Areas + Units

Berry Hill: Charleston Style Build with three 3 bedroom townhomes on site with parking for each

West End: 6 two bedroom w/ ensuite bath townhomes connected with parking and patios

East Nashville: 4 four bedroom townhomes with rooftops and parking

East Nashville: 1 three bedroom townhome with rooftop and parking, 2 two bedroom townhomes with balcony and parking

*NDA and Non-Compete Clauses must be signed to view credentials and books

DETAILED INFORMATION
Location
Nashville, TN
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Facilities
all units will be turn key ready
Competition
we perform high in the market and maintain a 98% booked rate
Growth & Expansion
the contracts i have negotiated are great for the buyer and there are many ways to improve bookings and income i have set out but not implemented, you can expect an increase in revenue
Financing
no financing
Support & Training
60 day consultation and transition of everything including utilities, etc
Reason for Selling
i have other endeavors and not enough time to dedicate to this anymore
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Listed By: Not Disclosed