By choosing a property that offers both luxury living and investment potential, you can enjoy a high-quality lifestyle while building financial security.
Eastline is in advanced discussions with an established boutique hospitality management group with over 60 hotels under management. The firm is well experienced in the condo-hotel ownership model in multiple markets across the country.
In addition to its own website managed by the hotel management company, Eastline will be promoted on all of the major online travel agency websites including Expedia, Hotels.com, Kayak.com.
Eastline will be operated like a hotel with all typical positions fully staffed, including front desk, concierge, janitorial and security staff.
A secure portal will provide owners real-time updates on their unit’s performance. This same management system will handle monthly statements and profit distribution.
The hotel management company maintains bookings, revenues and hotel operating expenses allocated to each individual condo at Eastline. Owners in the management program will be responsible for their own property taxes, association dues and HO6 insurance.
Owners wishing to rent their residences out through the management program will purchase a complete Furniture, Fixtures & Equipment (FF&E) package through the management. This comprehensive package includes everything needed to be fully functional from Day One.
All repairs will be handled by the management company. Damages caused by guests will be billed directly to the guests.