Underpriced Studio Westin Resort & Spa
Posted by Denise Brown on
813 Westin Resort & Spa is UNDERPRICED
I've updated my Westin spreadsheet showing active listings and sales. I believe that this property is UNDERPRICED. #813 is listed at $519,000. Based on the most recent sale, this suite could be priced at $555,000. The sale price per IUD has been increasing with each sale - except this suite has been listed at a May/June sale price per IUD.
I have attached a copy of my spreadsheet HERE
A copy of the detailed information package including photos, floorplans and revenue statements showing a 26.8% increase in revenue for the January to July 2023 period compared to 2022 and a ROI of 4.36% based on the net for 2022 and we expect that to get stronger as 2023 is a anticipated to be a record year. The…
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