$460,295
703 CYPRUS COVE, Auburn, AL, 36830
Closed MLS# 169968 15 days on market
4 bd 4 ba 2,230 sq ft 0.07 acres
My Notes

Description

HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Nestled near the Auburn airport, this luxurious 4 bedroom, 3.5 bathroom newly constructed townhome presents a prime investment opportunity. Generating an impressive $108,473 in revenue over the past 12 months at a 63% occupancy rate, this property has proven its worth. With an average monthly income of $9,039, this townhome is not only a financial asset but also a versatile accommodation option, approved for both student housing and short-term rentals—a rarity in Auburn. The property features high-end finishes and modern amenities, including a full suite of designer furniture valued at $60k. This location offers easy access to Auburn University, local games, and vibrant downtown life. Upcoming bookings are already in place, proving demand and ready for new owners looking to capitalize on this turnkey investment.

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Property Details

Property Type
Residential
Subtype
Townhouse
Bedrooms
4
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
2,230 sq ft
Lot Size
0.07 acres
Year Built
2022
City
Auburn
Subdivision
CYPRUS COVE
County
Lee
Parking
1 garage, Attached,Garage,OneCarGarage
Cooling
CentralAir,Electric,HeatPump
Heating
Electric,HeatPump
HOA Fee
$135/mo
List Date
May 12, 2024
MLS Area
Auburn
Parcel #
09-08-28-1-000-027.000

Location

Drive Times