Vacation Rental in Atlantic City, NJ, Lofty
Property Type : Hospitality
Condition : Active
Price per Token : $50.00
Return Cash (exp) ? : 20.00%
Return IRR (exp) ? : 27.40%
Minimum Investment : 1 Token
Total Property Size : 2363 sqft
Total Property Value ? : $627,000

 

Vacation Rental in Atlantic City, New Jersey


Short-term Rental managed by the co-owner, Ryan, a Superhost on Airbnb with 117 reviews and a 4.85/5 star rating. 
The property has generated $71,000 in gross Airbnb revenue in 2024 through October, primarily from May to September. Demand slows from October to April, with occasional spikes around holidays.
View 2024 Year-to-date P&L Statement
View P&L Statements from 2022 and 2023
The co-owner and Property Manager, Ryan, advised the following:
Both ADR and occupancy are lower in the off-peak months, but we still get bookings. Unlike most other Jersey Shore locations which really shut down in the offseason, Atlantic City is still a destination because of all of the nightlife, entertainment, and casinos. Average LoS is ~3 nights. We maintain a 3 night minimum for weekends in the peak season, but scale it down to 2 nights closer to check-in if we have unsold nights. We also have a 2-night minimum throughout most of the offseason. The property maintains a Short-Term Rental license with the City of Atlantic City. There’s a pretty well established licensing regime to legitimize STRs in Atlantic City.
Wake up to stunning waterfront sunrises in your private backyard, with breathtaking views to enjoy all day.
This newly renovated 5-bedroom home (plus a sixth sleeping area) is designed for entertainment, featuring darts, arcade games, ping pong, and a spacious, modern kitchen.
A stylish living room welcomes you with mid-century modern decor, a cozy gas fireplace, and a sleek West Elm sofa.
The kitchen boasts white shaker cabinets, quartz countertops, and stainless steel appliances, including a 36″ fridge with a filtered water dispenser.
Two dining areas with seating for six each and additional bar stools at the kitchen island offer plenty of space for group meals.
Relax in the great room overlooking the water, with a comfy sectional and a 55″ Roku TV for streaming your favorite shows.
The garage doubles as a recreation hub, complete with a custom retro arcade machine, ping pong table, darts, basketball game, and a bar for endless fun.

 

 

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