Interested in buying turn-key, cash-flowing Rental Arbitrage units in Canada?
The units come fully operational with bookings on day-one. Walk into a cash flowing business that can be run from your laptop.
I will sell units individually or as a portfolio for a discounted price, see the photo. or link below.
The portfolio generated $632,948 last year in sales on Airbnb, Booking.com & VRBO. Over $93k in profit (including paying property manager).
If you choose self-manage, add back $70k/yr to net income.
Buy the whole portfolio for $161,783 a 10% discount.
Use the link before for the details on each unit, photos, how to submit an offer, etc:
Units are located in Calgary, Winnipeg and Saint John.
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There is no company for sale, just assignment of leases and chattels within the units. You will recieve the legal right to all the leases, all the furnishings, supplies, damage deposits, existing reservations on the books and damage deposits for each lease.
The business was initially set up in my various holding corporations which own real estate assets, therefore, there is no single company being sold, just assignment of the leases.
Business Summary:
These are rental arbitrage leases, a hospitality business. I rent properties long-term, furnished, staged, and set up, then sublease to short-term tenants and travellers.
Each landlord understands the business. For each lease the landlord has signed sublet addendums acknowledging the sublease for short-term use as my discretion . Many leases started in 2019 and are Year to Year with few rent increases.
Reason For Sale:
I no longer have time or interest in growing this business; my primary business is redeveloping commercial real estate and buying short-term rentals in the U.S.
I intend to simplify my life by removing the additional time for the rental arbitrage model and just focus on properties that I own.
No seller financing.
