Condo Sales

Own Your Own Condo and a Piece of “The Suite Life” in Avalon.

Condos

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 November

 

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 November.

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 concordsuitesgm@gmail.com.


 

SOLID HISTORY OF PRODUCING REVENUE
ANNUAL REVENUE APPROX $20,000 PER YEAR FOR OWNERS IN THE RENTAL POOL

 

Annual Expenses $7,970 (approx)

  • Condo fees: $5,820
    (Condo fees include all utilities, maintenance, flood, fire, personal & liability insurance)
  • Property taxes: $1,600 (approx)
  • Liability insurance: $500 (approx)
    Recommended additional coverage
 

FOR CURRENT LISTINGS, INQUIRE IN THE OFFICE.