Florida is one of the most popular markets in the USA for property investors, with year-round demand from domestic and international tourists complimenting the state's status as a premium family and retirement hotspot.
GreenPoint Essential is perfectly placed to meet that demand, located in the busy tourist corridor of Kissimmee, just minutes from Disney and Universal theme parks. The hotel is the third from the company, following two sold out, fully operational developments in the area, with an average occupancy rate of 86%.
The company specialises in affordable boutique accommodation for guests, with conveniently located amenities including a swimming pool, fitness centre and business centre, as well as a gourmet café/bar.
Minimum investment starts from just $69,500, with 8% NET returns fixed for two years, as part of a leaseback scheme with the developer.
Owners also have the benefit of up to four week's personal usage, without altering their profitability. Unlike a timeshare, investors will earn a return as long as they own the deeded property, with payments made on a quarterly basis. Units are fully managed, with the operator taking care of all aspects, including marketing, taking care of the guests, cleaning, maintenance and other expenses.