1202 Shea Road
Muskoka Lakes
You invest. We do the rest.
Executive Summary
This investment proposal outlines a comprehensive strategy for acquiring, renovating, and managing a high-yield Airbnb property at 1202 Shea Road, Muskoka Lakes - Located just 15 min to Port Carling, 20 to Bracebridge, and 25 to downtown Huntsville
A 3 Bed 1 Bath Bungalow + Bunkie + 1 Garage waterfront property with private beach on Three Mile Lake, Muskoka Lakes. Approximately 750 interior sqft on a 89 x 268 lot.
Our goal is to transform this property into a premier vacation rental that generates $87,700 - $110,759 of annual revenue through strategic improvements, targeted marketing, and efficient management.
We will guide you through every step of the process, from negotiating the best purchase price and terms to launching and automating the property, ensuring a seamless and profitable investment.
Our strategy is simple and effective. We specialize in finding the best properties and operate with the focus on the experience, reviews, keeping expenses low, automate what we can by constantly refining our systems and processes.
Introduction
Muskoka Lakes, renowned for its breathtaking landscapes and vibrant tourist scene, presents a lucrative opportunity for Airbnb investments.
1202 Shea Road, with its prime location and inherent potential, stands out as an ideal candidate for development into a high-earning short-term rental property.
Our team, with extensive experience in real estate, design, and property management, is poised to unlock this potential for our investors.
Investment Strategy
Acquisition
Negotiation for Purchase Price and Terms
Leveraging our market knowledge and negotiation expertise, we aim to secure 1202 Shea Road at a price below market value, ensuring a strong start to the investment.
Fair Market Value: $904,000
Target Purchase Price: $870,000
Renovation and Design
Property Assessment and Design Planning
Exterior landscape for the fire pit, playground, pad for hot tub, footing for barrel sauna, lawn and paving improvements.
Interior of the cottage will be painted white paired with new modern furniture, decor, and family friendly amenities.
Convert garage into additional sleeping space or a recreational room.
Management of Improvements
Oversee all renovation activities, ensuring they are completed on time, within budget, and to the highest standards. Our focus will be on creating unique, Instagram-worthy spaces that stand out in the market.
Estimated Capital Improvement
Approximately $60,000+
Launch and Management
Market Analysis and Positioning
Below is an in-depth market analysis to position the property effectively, setting competitive pricing and targeting the right audience.
Projected Occupancy
51%
Average Daily Rate (Annualized)
$595
Top Similar Comparable
Average Daily Rate: $546.50/night
Occupancy: 69%
2022 Revenue: $135,500
Projected Annual Revenue
$87,700 - $110,759
Automation and Management
Utilize the latest technology to automate booking, communication, and management processes, ensuring a seamless guest experience. Our management team will handle all day-to-day operations, from guest inquiries and bookings to maintenance and reviews, maximizing occupancy rates and revenue.
Financial Projections
Initial Investment
Sale Price: $870,000
20% Down: $174,000
Closing Cost (2%): $17,400
Improvement/Furniture: $60,000
2 Month Carrying Cost: $11,089
Total Cost: $947,400
Total Initial Investment
$262,489
Revenue Projections
Based on market research and comparable properties, we project the Airbnb to generate between $87,700 - $110,759 in annual revenue, with a detailed breakdown of expected 51% occupancy rates and $595 average nightly rates.
Expense Forecast
Approximately $5,660/mo of operating expenses, including cleaning fees, property management, maintenance, utilities, and Airbnb fees.
Return on Investment (ROI)
$255,658 (27%) over 5 years
We utilize tried-and-true systems and processes.
Acquisition
Property Management
Clean Design
Professional Photography
Integrated Lending
Tax Optimized
Economies of Scale
Automated Price Optimization
24/7 Guest Experience
Hosting on Autopilot
Lower CapEX exposure
& More
