303 NE Solida Circle

Description

Investor Special - Turnkey Co-Living / PadSplit Opportunity! Cash-flowing investment property currently operating as a successful co-living rental with a proven occupancy history. The property features 6 rentable bedrooms, 2 full bathrooms, plus a separate efficiency suite complete with its own kitchenette, private bathroom, entrance, and patio area, creating a total of 7 income-producing rooms. The property is currently 100% occupied and has consistently maintained 94-100% occupancy, providing stable and reliable cash flow. May gross revenue totaled $6,039, with an average monthly NOI of approximately $4,000-$5,000. All systems and operational processes are already in place, allowing a new owner to step in and begin generating income from day one. Included with the sale: -Single-family home configured for co-living operations -Transfer of active platform listings, guest reviews, and account setup (where permitted) -Complete operational package including house rules, communication templates, and turnover procedures -Existing vendor and maintenance contacts for seamless management transition This is a rare opportunity to acquire a fully operational, income-producing co-living asset with established occupancy, streamlined operations, and strong cash-flow potential. Projected cap rate: 9.08%.