Sunday, May 18, 2008

Wanted: Wenatchee Vacation Rental Investors


We continue to get lots of inquiries for Wenatchee vacation rentals. We are currently taking reservations for two units that will be available soon. These are new 3 bedroom, 2 bath condos in the Parkside Condo development in Wenatchee. Availibility for vacation rental purchases will be limited to maintain high demand for our investors.

Since single family housing (and other investment properties) in the Wenatchee area have skyrocketed in value, rent rates have not kept up in the long term rental market.

Although rent rates have increased, they have not increased fast enough to provide investors with positive cash flow (or even break even numbers). Unless an investor is going to put down a HUGE downpayment (with zero immediate return on investment), single family houses are now serious negative cash flow.

Our vacation rentals right now are generating a rental rate that is DOUBLE that of the standard long term rent rate. This is an option to seriously consider if you still want a safe real estate investment in the Wenatchee market area. You will not be competing with the masses because there is currently a big shortage of Wenatchee vacation rentals.

These spacious condos are conveniently located for all activities in and around Wenatchee and North Central Washington.

Prices start at $199,950 for a lower unit up to $209,950 for an upper level unit. The difference is that the upper units have vaulted ceilings and a bit better view (and slightly more square footage). For a vacation rental, however, a lower unit should be just fine.

Here is a link to listing details. When you click on the link and get into the detailed listing sheet, keep in mind the "media" tab will take you to more pictures.

Have a great week!







Call the Top Team with specific questions or for a preview of a unit:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

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