1212 SE Petunia Avenue

Property Description

Investor Special - Turnkey Co-Living / PadSplit Opportunity! Cash-flowing investment property currently operating as a successful co-living rental with a proven occupancy history. The property features 8 income-producing bedrooms, 3 full bathrooms, and a 2-car garage. The property consistently maintains 88%-100% occupancy, providing stable cash flow and quick turnover when vacancies occur. Gross revenue for May totaled $6,791, with an average monthly NOI of approximately $4,500-$5,300. All systems and operational processes are already in place, allowing a new owner to step in and begin generating income from day one. Included with the sale: Single-family home configured for co-living operations Transfer of active platform listings, guest reviews, and account setup Complete operational package including house rules, communication templates, and turnover procedures Existing vendor and maintenance contacts for a seamless management transition This is a rare opportunity to acquire a fully operational, income-producing co-living asset with established occupancy, streamlined operations, and strong cash-flow potential. Whether you're looking to expand your portfolio or enter the co-living space, this property offers a turnkey operation with immediate income. Projected cap rate: 8.70%.