Investment opportunity. An Airbnb, motel or multi-family. 16 units: 14 studios, 2 units of one bedroom plus bonus. Multi-family income: 14 studios: $1,300/monthly + $218,400 ao. 2 units of 1 bedroom $1,500/monthly + $36,000 annual minus $35,000 annual expenses. NOI total: $219,400/annual equals 11.2% cap. rate