Ten furnished rentals, 88% booked. Everything transfers.
$199,999 asking, for the whole operation
Eight apartments in St. Louis and two houses in Indianapolis, all leased,
furnished and listed on Airbnb. The business is simple: guests pay by the night, you pay
the rent, the cleaner and the utilities, and keep the difference. In an average month over
the last year that was ~$36,499 in, counting the damage waivers guests now pay at
check-in, and ~$9,677 profit, a
27% margin before anything you choose to spend on staff or software. Below is what
each unit makes in a month, what it costs to run, and every month of the past two years.
The furniture, the listings, the leases, the cleaners and the storage unit all come with it.
Income, average month
~$36,499
$34,624 of Airbnb payouts after fees, plus $1,875 of damage waivers
Prior year, average month
$25,798
Sep 2024 to Aug 2025, six units opened during the year
Profit, average month
~$9,677
27% of income after rent, cleaning and utilities. Best month ~$16,797, Jul 2026.
Occupancy
88%
3,219 nights sold of 3,650. Guests rate it 4.80.
Every figure on this page is pulled straight from Hospitable, the property management
system, as of 15 September 2026. Nothing is projected.
What it makes, what it costs
An average month, taken over the last twelve. Revenue and rent are
actuals. A ~ marks a figure that is estimated or that moves with bookings:
cleaning is the rate card times the turnovers that happened, and utilities are metered
where we have the meter and estimated where we do not.
Airbnb revenuePayouts after Airbnb's fee, reconciled to bank deposits. $415,487 over the year.$34,624
Damage waiversA $35 charge at check-in, started July 2026, paid through Stripe. 57% of guests take it so far; that rate on a normal month's turnovers is ~$1,875. At full take-up it is ~$3,281.~+$1,875
RentSix leases. Long-standing landlords, all renewable and all transfer with the sale.−$18,930
CleaningAbout 94 turnovers a month at $45 to $200 a turn depending on the unit. Guests pay a cleaning fee that more than covers it.~−$5,568
Utilities and internetElectric read from the eight St. Louis meters; gas, internet and Indianapolis estimated~−$2,324
Profit, average month27% of income, before anything you choose to spend on staff or software. ~$116,121 over the year. The best month, Jul 2026, made ~$16,797.~$9,677
~$3,281 a month at full take-upThe waiver is two months old and
take-up went from a third of stays to over half in its second month. Every guest who
completes check-in has chosen the $35 waiver over a $250 deposit. Getting the rest of
them through the step is worth another ~$1,406 a month.
$15,121 on the booksConfirmed stays arriving from 1 October, as of
15 September. Short-term rentals fill in late, and this is ahead of where the same
months stood a year ago.
The units
Every figure is from the reservation record. Click any unit to open its
live Airbnb listing. Grey bars are the year before last, red bars the last twelve months.
St. Louis, Missouri
Soulard and The Grove · eight units across five leases
Crow Building
1931 S 12th Street, Soulard · one lease · four units
$7,000 a month rent for all 4 units, one lease · whole-building listing $12,307 a month revenue, average of the last twelve ~$2,675 a month profit, after rent, cleaning and utilities, with waivers ~$7,247 profit in the best month, Jul 2026
~$298 a monthelectric actual, gas and internet estimated
Damage waivers
~+$240 a month$35 a stay at today's 57% take-up
Two years
Sep 2024Sep 2025Aug 2026
Four one-bedrooms on their own leases
Two in The Grove on Oakland Avenue, two in Soulard across from Duke's
$1,365 to $1,400 a month rent each $10,729 a month revenue, average of the last twelve ~$3,404 a month profit, after rent, cleaning and utilities, with waivers ~$4,644 profit in the best month, Mar 2026
Same building as 2W, also across from Duke's. Ninety-three percent occupied.
Revenue, average month
$2,560 a month$30,724 over the last twelve months
Prior year, average month
$2,773 a month$33,281 over the twelve months
Occupancy
93%$105 a night average
Cleaning
$45 a turn~11 turns a month, ~$510 a month
Utilities
~$165 a monthelectric actual, gas and internet estimated
Damage waivers
~+$227 a month$35 a stay at today's 57% take-up
Rent
$1,365 a monthown lease, Soulard
Profit
~$747 a month27% of income, after rent, cleaning and utilities
Two years
Sep 2024Sep 2025Aug 2026
Indianapolis, Indiana
Winthrop Avenue · two units on one lease
Winthrop Avenue
2622 and 2624 Winthrop Avenue · one lease · two units
$6,400 a month rent for all 2 units, one lease · whole-building listing $11,588 a month revenue, average of the last twelve ~$3,598 a month profit, after rent, cleaning and utilities, with waivers ~$7,652 profit in the best month, May 2026
All furniture, fixtures and equipment in every unit, as photographed on the listings
Hot tubs at both Indianapolis houses, seven-seaters worth $6,000 each
A storage unit in St. Louis stocked with linens, towels, consumables and spares
Cleaner contacts in both cities, the crews who turn these units today
The twelve Airbnb listings with their full review history
Guest messaging templates, house manuals and operating procedures
Thirty to sixty days of transition support from the owner
A management contract at 20% of bookings on an eleventh unit, a ten-guest house with a pool and hot tub in Scottsdale, started September 2026. We ran it ourselves for two years at about $65,000 a year of bookings, which at 20% is ~$1,100 a month. The contract transfers and it is not in any figure above
The leases: six of them, with landlords we have worked with for years. They are
renewable and they transfer with the sale. Copies are available on a call.
The team and tools Optional
Operations managerRuns the day to day: cleaners, guest issues, restocking$1,600 a month
Two virtual assistantsGuest messaging and calendar, around the clock$1,000 a month
Revenue managerSets nightly pricing, engaged March 20262.5% of revenue
Software stackHospitable, PriceLabs, HelloHost, Breezeway, SuiteOp, all configured$913 a month
This is how the owner runs it today. Take all of it, some of it, or run it
yourself. None of it is in the numbers above.
New to this? The next units are the easy ones.
The team, the software, the cleaners and the check-in flow above are built to run more
than ten units. They cost the same at fifteen as at ten, so each unit you add from here
drops more to the bottom line than the first ten did. The owner will coach a buyer
through finding, negotiating and setting up their next few units, the same way these
ten were done.
Next steps
$199,999 asking. Furniture, hot tubs, the storage unit, the listings and the leases, all included.
Get on a call with the owner. Leases, bank statements, tax returns and the full
reservation export are all available, and every number on this page can be reproduced
from the Hospitable export.