Great Investment Opportunities For St. George Condo Rental Properties
Cash flow is back in St. George, Utah at the Las Palmas condos at the Green Valley Resort.
Prices have recently come down enough to where purchasing a second home or an investment property can make sense financially. The Las Palmas condos are one of a few condo complexes in Saint George, UT that nightly rentals are allowed. Together with its 6 pool and resort amenities make it the ideal place for a second home or investment property.
See the bottom on this page, Green Valley Resort from St. George Vacation Rentals, for a list all the condos listed for sale at LasPalmas:
Sale prices peaked in 2007 at around $230/sq foot for the larger Las Palmas condos. Now you can pick up distressed condos for around $140/sq foot.
Vacation rental rates for these condos have now stabalized and we now show many of these condos will cash flow when placed into St. George Vacation Rentals rental pool.
Las Palmas 1506 – $143/sq foot
For example, condos 1506 is listed as a short sell. It’s a 3 bed/2 bath condo right by the resort pool area that is listed for just $143/sq foot. Click here for a cash flow analysis estimating expenses and income.
Las Palmas 1627
Another great deal is a 1 bed/1 bath condo, Las Palmas 1627, listed for just $99,000. It’s been almost completely renovated. Here are the updates to the condo: new appliances new carpet new tile new kitchen counter refinished kitchen cabinets new bathroom counter new bathroom shower new toilet new french doors instead of sliding glass new double doors in closet instead of sliding doors These deals will not last long. For further information information, please send us an email at reservations@stgeorgevacationrentals.com.