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Courtesy of Parks Compass.
11% Gross Cap Rate!!! An exceptionally rare investment opportunity, this fully furnished and professionally designed 3-bedroom, 3-bath short-term rental is a revenue powerhouse, bringing in over $79,000 annually — an extraordinary return at this price point. Set in a prime location just minutes from the city’s top attractions and legally zoned for non-owner-occupied STR use, this unit combines standout financial performance with magazine-worthy interior design. Every detail has been curated to elevate the guest experience, from the bold, high-end finishes to the vibrant decor that photographs beautifully and converts at a premium nightly rate. The open-concept living area flows into a sleek, modern kitchen, while each bedroom offers a distinctive style and hotel-quality comfort. Guests also enjoy access to a shared rooftop patio with sweeping views — a major bonus that further enhances the appeal and booking value. The HOA includes water and trash pickup, keeping monthly expenses low and operations seamless. At the current income level, the property offers a projected 11% gross cap rate, placing it among the strongest-performing short-term rentals in its class. With strong occupancy, a history of stellar guest reviews, proper STR zoning, and no deferred maintenance, this is a truly turnkey asset. Whether you’re a seasoned investor or entering the space for the first time, this property delivers immediate cash flow, long-term upside, and top-tier design — all wrapped into one of the best-looking packages on the market.
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