From New Luxury STR to Well-Maintained Success
Shock Hill Mansion • Breckenridge, Colorado
First Year Performance
Launching a First-Time STR Investment
Marc, a technology services entrepreneur and avid traveler, wanted to launch his first short-term rental investment in Breckenridge's exclusive Shock Hill neighborhood. He needed a turnkey solution that would handle all operations while maximizing revenue—without requiring his personal involvement.
First-Time STR Owner
Marc had no experience operating vacation rentals and needed a partner who could handle everything.
Busy Entrepreneur Schedule
Running other business ventures meant Marc couldn't be involved in day-to-day property management.
Luxury Property Standards
A Shock Hill mansion demands premium management to maintain its value and command top rates.
Business-Minded Partnership
LocalVR provided Marc with exactly what he needed—a management partner that treats the property like a business, keeps him informed of market trends, and handles all operational demands.
Comprehensive Pricing Analysis
Data-driven pricing that achieves $1,566 average daily rates in the competitive Shock Hill market.
Detailed Inspections
Post-checkout inspections maintain the luxury property's condition and value.
Dedicated Account Manager
A single point of contact who knows the property and Marc's business goals.
Market Trend Updates
Regular insights on regional and national trends keep Marc informed without requiring involvement.
Exceeding First-Year Projections
In its first year, Marc's Shock Hill Mansion generated $317,322 in total revenue with an impressive $1,566 average daily rate and 54.79% occupancy. The property exceeded initial revenue projections while Marc continued focusing on his other business ventures.
Marc successfully launched his first short-term rental investment without any hands-on involvement—exactly what he was looking for in a management partner.
"I feel like mine and LocalVR's interests are aligned and they treat it like a business, just as I do. I also like how they keep me up to date on regional and national trends."— Marc, Shock Hill Mansion Owner
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