Property summary
This exceptional, established vacation rental management company in Cutchogue, NY, is offered at $4,250,000. Built in 2008, this full-service operation boasts a consistent track record of profitability and year-over-year growth. The business specializes in managing luxury vacation homes, providing owners with turnkey rental income and eliminating the complexities of property management. All properties under management consistently maintain high occupancy rates, secured through strong relationships with local businesses and a high level of repeat clientele. The company leverages all major online advertising and social media platforms, resulting in top ratings on Airbnb, HomeAway, VRBO, and TripAdvisor. Situated in a prime vacation destination, this business presents significant potential for expansion into new properties and geographic areas. The company's success is built on a foundation of strong client relationships and a proven, efficient management system. This is a rare opportunity to acquire a well-established, highly profitable business in a desirable location with significant growth potential. The business operates from a single location, with a square footage of 1. The zip code is 11956, located in Suffolk County, New York.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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