Investment Overview
The Multifamily Firm is pleased to present The Hollingsworth, an established furnished-rental investment opportunity in Sarasota being offered with favorable seller financing. The property features single-building masonry construction with three separately accessed furnished-rental spaces and a strong operating history, averaging approximately $102,000 in annual furnished-rental revenue during 2024–2025. Based on conservative underwriting, The Hollingsworth offers an attractive 7.60% Year 1 cap rate and approximately 14% Year 1 cash-on-cash return.
The property has been extensively updated with renovated kitchens & bathrooms, updated flooring, HVAC improvements, new entry doors, recessed lighting and additional upgrades. The Hollingsworth also benefits from an established Airbnb operating history and strong guest review track record, dedicated on-site parking, and an inviting fenced rear common area featuring outdoor seating, mature shade trees and string lighting. Centrally located in Sarasota, the property provides convenient access to Siesta Key, area beaches, dining, shopping and major Sarasota demand drivers, creating a compelling combination of proven rental performance, turn-key condition and attractive acquisition economics.
View Offering Memorandum for Financial Details!
Investment Highlights
- Favorable Seller Financing with 75% LTV & Below Market Rate, Producing 14% Cash-on-Cash Return Year 1
- Strong Historical Furnished-Rental Performance Averaging Approx. $102K in Annual Revenue (2024–2025)
- Attractive 7.60% Year 1 Cap Rate Based on Conservative Underwriting
- Established Furnished-Rental Offering w/ Strong Airbnb Operating History & Guest Review Track Record
- Single-Building Masonry Construction w/ Three Separately Accessed Furnished-Rental Spaces
- Extensively Updated Interiors w/ Renovated Kitchens & Bathrooms, Updated Flooring, HVAC Improvements, New Entry Doors, Recessed Lighting & Additional Upgrades
- Dedicated On-Site Parking Plus Inviting Fenced Rear Common Area w/ Outdoor Seating, Mature Shade Trees & String Lighting
- Central Sarasota Location Offering Convenient Access to Siesta Key, Area Beaches, Dining, Shopping & Major Sarasota Demand Drivers