WH Y WE’ RE THE BEST
At What We Do
The View: REVENUE UNDER NEW MANAGEMENT
Our property, The View on Folly Beach is just one example of how our management can increase revenue for your property. Prior management’s net revenue in 2014 was $44,000.
NET REVENUE INCREASED BY 150% IN TWO YEARS UNDER OUR MANAGEMENT.
Our performance was $99,000 in the same period in 2015. This was achieved by updating the home to our higher standard of luxury and effective marketing campaigns which included inviting previous guests back to enjoy the new property we had taken on. By the end of 2016, net revenue had increased by 150% in two years under our management.
The net revenue performance of The View over the last three years: 2014
2 01 5
2 01 6
$ 44,0 00
$9 9,0 0 0
$110,000
Under Old Management
Under LS Retreats
Under LS Retreats
The King’s Line: FROM GUEST TO CLIENT
We are elated when our guests enjoy their time spent in Charleston, relaxing in one of our luxury vacation homes. We love “WE WERE it even more when, after their vacation has ended, they IMPRESSED BY decide to buy a vacation home of their own in the area.
THE ENTIRE EXPERIENCE FROM BEGINNING TO END.”
Our homeowner of The King’s Line first experienced our level of services upon staying at one of our downtown properties - Maison Des Fleur. Exceptionally pleased with their stay, the owners chose Luxury Simplified Retreats to manage their newly purchased property from beginning to end.
JULY ‘16 Stayed at Maison Des Fleurs
AUG ‘16
AUG ‘16
SEPT ‘16
Purchased Property
Designed & Staged by LSR
Added into Rental Portfolio
“Since The King’s Line has gone live, it has seen a tremendous booking rate with every weekend occupied until 2017. We are very happy with our decision of going with Luxury Simplified Retreats as our property managers.”
The Oasis: FROM RESIDENCE TO RENTAL Originally offered as a real estate listing that languished on the market, we purchased the Folly Beach property for a competitive price in impeccable condition, a result of having solely been used as a private MINIMUM residence. In addition to acquisition costs, to convert use to 70% luxury vacation rental, capital expenses included upfit with interior furnishings, luxury linens and kitchenware. This OCCUPANCY property delivered the characteristics that we look for in ANNUALLY. identifying opportunity for lucrative return as a beach rental and include private pool, open living spaces, expansive porches and convenient location - just two blocks to the beach. The Oasis is now one of our top performing properties, seeing minimum 70% occupancy annually.
$1,000,000
$140,000
P U R C H AS E P R I C E
GR O S S AN N UAL I N CO ME
$32,000
$55,595
UP GR A D E C O ST
E XPE N S E S
$1,032,000
$84,405
TOTA L I NP U T
CAP RATE
8.2%
N E T AN N UAL I N CO ME
BUY SELL INVEST RENOVATE RESTORE BUILD VACATION
LUXURY SIMPLIFIED RETREATS 95 Broad Street Charleston SC 29401 843 853 6055 | retreats@luxurysimplified.com | www.luxurysimplifiedretreats.com