Poblado Suites: First of its kind (in Medellin) three-story mixed used building with furnished apartment studios and commercial/office spaces. It is conveniently located in the heart of Medellin’s Zona Rosa, only four blocks from Parque Lleras and one block from Parque Poblado. Poblado Suites offers five short-term rental suites with an international city theme ranging from $39 per night to $74 per night.
Units are designed for configurable usage (to accommodate small to large travel groups) and with private kitchens, living rooms and bathrooms per unit. The building is designated as one of the few legal short-term rental options in Medellin. The property was purchased, renovated and is managed by First American Realty Medellin. Total project investment of $320,000 USD, currently grossing an average $7,500 USD per month income. Building is held in a jointly owned SAS (Colombian Business) with five investors/partners including First American Realty principals Rich Holman and Joseph Greco.