For Developers
Multi-Family Housing Solutions
Long-Term Rental Alternatives
Increase NOI through Short-Term Rentals
With properties in 3 countries and a 5-star reputation, Great Dwellings delivers consistent quality and renters alike. Multi-family housing owners and real estate developers rely on us for their turn-key, short-term rental marketing and management.
Significant, Higher Income
Increase Returns 160+% vs. Long-Term Rentals
We’ve partnered with developers and investors to create premium, high-quality short-term rental units, floors, and buildings to increase return, add flexibility, and reduce the risks and challenges of long-term tenancy.
Hands-Free Investing
Full Service Property Management
Great Dwellings was founded in 2017 to deliver best-practice, full-service STR management for property owners. With a focus on customer service, operational excellence, and exceptional guest marketing, we deliver world-class results.
We manage the guest function from marketing to vetting; customer service to guest exits. We perform full-service property management, or partner with LTR management when buildings are a combination of guests and tenants.
Décor Curation
We design and manage design and furnishing acquisition to ensure an exceptional guest experience coupled with logistics ease.
Better Performance
We deliver the highest RevPAR and ROI yield in our markets through promotional excellence, stellar guest reviews, and dynamic pricing.
Stellar Guest Experience
Our 5-Star Quality Assurance anticipates and responds to guest needs pre-trip, during their stay, and after they have returned home satisfied.
Experience
We know real estate.
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Contact UsOur Management Experience
Over $250 Million in Assets Under Management Worldwide
- We serve small and large developers, hotel owners, limited partnerships, private equity, family offices, and investors.
- We partner with Condo Developments in Mexico and the US, serving as their branded or white-label rental office, speeding condo sales, enhancing project value, and generating incremental revenue.
We Believe in Hard-Working Professionalism
Continuous Market Optimization
Review Management
When You Win, We Win
Schedule a Call
Learn more or request a free, detailed Earnings Analysis
Case Study
65% NOI increase over Long Term
In 2022, a metro-area MFH real estate investment group converted a six-unit building from long-term to short-term rentals. After a year, they yielded annual net profits that went from $150k to $247k; a 65% increase.
This is the group’s third STR project and it led to value beyond revenue such as lease-up speed and increased building valuation. Projects and applications for STR include commercial conversion, condo conversion, purpose-built projects, and acquisitions.
Case Study Continued
Our Solution: Thoughtful Management and a Re-imagined Listing
After a short discussion with the owner, the Dewl team reviewed the property with a simple question: where can we infuse this property with love? We presented our plan and a quote for a master lease, signed it on March 1, and the rest is history.15 days and $15,000 later, the property was refurnished, redecorated, and totally reimagined. More importantly, it was ready to rent out. In the final two weeks of March, the property rented and generated 90% of our ideal monthly lease rate. In the second month, we garnered over 200% of the monthly lease.The property began to see return on investment (ROI) within six months, with an internal rate of return (IRR) of a staggering 194%.
And we were just getting started.