Two lists in one week! Happy Holidays from HomeStakes as we bring you some of the most lucrative vacation rental properties across the country! This week we dive into properties across Nevada, California, and Georgia that standout as short-term rental markets.
This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated location, revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.
Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!
For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down and the key criteria we are evaluating on and why.
If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other FREE resources HERE.
Nevada Vacation Homes
Las Vegas, Nevada, a city famed for its vibrant entertainment and gaming industry, presents an outstanding opportunity for short-term rental investments, especially with the upcoming Super Bowl in 2024. This globally renowned destination, known for its lavish casinos, spectacular shows, and bustling nightlife, consistently attracts millions of tourists each year. The addition of the Super Bowl, one of the most significant events in American sports, scheduled for 2024, is set to bring an unprecedented influx of visitors to the city. This event will not only boost demand for short-term accommodations significantly but also spotlight Las Vegas as a premier event destination.
Beyond these large-scale events, the city's year-round appeal due to conventions, business conferences, and leisure travel ensures a steady stream of guests seeking quality short-term rentals. Investing in Las Vegas's short-term rental market offers the potential for high occupancy rates and robust returns, particularly with the anticipation of landmark events like the Super Bowl.
List Price: $375,000
Accommodations: 3 Bed / 2 Bath -1,161 SF on 6,098 sqft lot
Total estimated revenue: $35,706
Occupancy rate: 52%
Daily rate: $188
Property Summary: A centrally located single-story home with a pool, featuring 3 beds, 2 baths, modern amenities, designer finishes, and included flat panel TVs for a ready-to-move-in contemporary lifestyle, close to the Las Vegas strip provides guests easy access to events
Notes: Interior of this house is in good turnkey condition with modern updates, decor could use updating. The exterior is in moderate condition and can be cleaned up with little cost to greatly improve the appeal of the home.
List Price: $389,990
Accommodations: 3 Bed / 2 Bath - 1,469 SF on 6,969 sqft lot
Total estimated revenue: $48,088
Occupancy rate: 58%
Daily rate: $227
Property Summary: Fully rebuilt 3 beds, 2 baths, new HVAC system, roof, cabinets, vanities, bathrooms, quartz countertops, SS kitchen appliances, tile planks, upgraded carpet, faucets, sinks, premium exterior and interior paint, light fixtures. Spacious kitchen, open and airy floor plan, large backyard.
Notes: Great home that was fully rebuilt with great modern finishes, will need full furnishings to be rental ready as it is newly finished. Great street appeal and good location not too far southeast of Las Vegas Strip. Backyard is very plain and bland but has room to improve by adding a pool, mini putting green, and more.
Unlock the full list of the top vacation rental properties by becoming a subscriber. Gain access to expert insights, exclusive investment opportunities, and a community of like-minded investors. Sign up now to supercharge your investment journey!