Demo Property (123)

This high-performing short- and mid-term rental (STR + MTR) in the desirable South Park neighborhood of San Diego follows the BRRRR strategy with impressive returns. Acquired at $1M with just 10% down and $200K in renovations, it generates an average of $12,500 in monthly rental income. Post-refinance, the property unlocked $330K—fueling new acquisitions in Birmingham. With an 18% cash-on-cash return and $200K in first-year paper losses through bonus depreciation, this investment showcases Alpen Capital’s ability to scale with precision while maximizing tax efficiency.