Home | Newsletter | Advertise

An Airbnb-Ready Apartment Complex

  • October 12th 2017

by Nena Perry-Brown

✉️ Want to forward this article? Click here.

An Airbnb-Ready Apartment Complex: Figure 1

While jurisdictions are still looking for ways to address home-sharing platforms like Airbnb, the company is exploring a way to circumvent legal concerns — their own apartment complex.

As Fast Company reports, Airbnb has partnered up with Newgard to deliver a 324-unit apartment building with home-sharing built into the lease. The complex, called “Niido”, will deliver in Florida in the first quarter of 2018.

Tenants of the complex have the option of listing their apartment on Airbnb for 180 days out of the year and will share a percentage of revenue with Newgard. Those tenants would have access to an app that provides keyless entry to the apartment and facilitates concierge services like cleaning and linens from building management similarly to a hotel.

“This partnership shows how landlords, developers and Airbnb can work together to create value for everyone and better serve tenants,” stated Jaja Jackson, Airbnb’s director of global multifamily partnerships, in a press release.

Depending on the success of this project, this home-sharing and profit-sharing model may be replicated elsewhere in an attempt to address the legality and affects on supply of short-term rental services.

See other articles related to: airbnb, apartments, florida, short-term rental

This article originally published at https://dc.urbanturf.com/articles/blog/an_airbnb-ready_apartment_complex/13121.

Pipeline: New Condos & Apartments Coming to the DC Area

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse