The comp was NOT great, but that’s what I felt the property could make in that area.
Summary
The host analyzes a church building for sale as a potential STR, considering its unique structure but also the extensive renovation required. He compares it to another local cabin listing to estimate revenue and evaluates the potential profitability, concluding that even at a low purchase price, high operating expenses might result in losses.
More from Pricing & Profitability
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Curated by Learn STR by GoStudioM