Furnished Rental Portfolio, 5 Properties Plus 16-Unit Apartment

Residential real estate rental for sale

Asking price

$644,000

Revenue

$564,250

Cash flow

$256,737

About this business

This is a furnished short- and mid-term rental business built around five properties, including a 16-unit apartment complex, three single-family houses, and shared housing suites, serving medical and business travelers, relocating workers, and displaced homeowners on month-to-month leases at premium rates. The owner reports that roughly 85% of revenue comes from mid-term stays with a minimum 30-day requirement, which largely insulates the portfolio from short-term rental regulations, seasonal demand swings, and local occupancy taxes that weigh on traditional vacation rental businesses.

The business has been operating since 2015 and has grown into a remotely manageable operation. The owner currently runs it with two contract workers and handles accounting and marketing herself, working roughly 30 hours per week. The properties are listed across 15 booking channels with strong ratings, and a third-party marketing company supports ongoing promotion. The owner notes that a guest follow-up and repeat-discount program has not yet been implemented, representing a clear growth opportunity for a new owner. Real estate is included in the sale, with the owner reporting a combined property value of approximately $4.7 million, and the deal is SBA loan eligible.

The owner is retiring and is prepared to support the transition for 30 days, with paid consulting available beyond that period. The standout: the mid-term rental model generates consistent, non-seasonal cash flow while the buyer simultaneously builds equity in the underlying real estate portfolio.