Condo Sales
Own your own condo and a piece of “the suite life” in Avalon.
Reside or rent! Besides being a great place to vacation, the Concord Suites is a condo-motel that is jointly owned and operated and professionally managed. All units include one bedroom, living room/ dinette, full bath, and efficiently kitchen.
This is an excellent opportunity to buy a vacation property in Avalon priced well below individual residences. With buying, you may choose how to use your unit to suit your needs.
OWNER USE OPTIONS
Condos are open April through October
RENTAL POOL PARTICIPATION
For those owners renting their units as part of the Concord Suites:
- All rental income for the month is pooled
- Expenses are paid out of the pool
- Net income is distributed equally to those owners participating in the Rental Pool for the month
PRIVATE USE
Unit owners may remove their unit from the Rental Pool permanently and may make the decision to do so on an annual basis
PART-TIME RENTAL POOL/PRIVATE USE
Unit Owners may choose Rental Pool or Private Use on a monthly basis. For example, a unit could be placed in the Rental Pool for May through July, and owners can enjoy Private Use August through October.
Professionally managed, hands-off ownership…
just lock the door and drive home.
To find out if there are currently any units for sale or for additional information, contact mfiorucci@concordsuites.com.
SOLID HISTORY OF PRODUCING REVENUE
ANNUAL REVENUE OVER $20,000 PER YEAR
FOR OWNERS IN THE RENTAL POOL
Annual Expenses $7,750
- Condo fees: $5,700
(Condo fees include all utilities, maintenance, flood, fire, personal & liability insurance) - Property taxes: $1,500 (approx)
- Liability insurance: $500 (approx)
Recommended additional coverage