Water Street Properties Reviews - Airbnb Property Manager Performance & Revenue

Water Street Properties

Average Occupancy Rate
59%
Average Daily Rate
$124
Average Revenue
$27,182
Listings Under Management
11
YoY Change: 83.33%
Market Coverage
Wilmington

Water Street Properties Overview

Looking for a reliable Airbnb management company in Wilmington to maximize your short-term rental revenue? Water Street Properties specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, Water Street Properties helps property owners increase their occupancy rates and revenue.

How Do Water Street Properties Listings Compare to the Average Wilmington Airbnb Market Performance?

To make an informed decision whether Water Street Properties is the best Airbnb property manager for your Wilmington short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if Water Street Properties is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
Water Street Properties $124 59% $27,182
Wilmington $174 59% $37,559
Competitive Positioning -29% +0% -28%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if Water Street Properties is the best choice for your short-term rental business.

Water Street Properties Growth: 83.33% More Airbnb Listings Under Management YoY

Over the last 12 months, Water Street Properties has increased the number of short-term rentals it manages by 83.33%. This expansion indicates growing demand and a strong market presence. 🏖️

Water Street Properties Airbnb Management Fees

The average Wilmington Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Wilmington Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from Water Street Properties about their Airbnb management fees, get in touch with the team.

Water Street Properties Reviews by Guests & Hosts

Water Street Properties has an average rating on Airbnb of 4.7. This Airbnb rating shows that Water Street Properties consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

Water Street Properties’s Top Airbnb Reviews by Guests

★★★★★
Great view of the water and battleship. Perfect for weekend getaway. Located in the center of everything to do on front street and Market street. Loved that i could walk everywhere! Tastefully decorated and comfortable.
★★★★
This place has a great view , nice terrace , loved the view of the WW2 battleship. The area is perfect for walking around to everything. The space was a decent size . It could use an upgrade with the bed and couch but I spent most of my time out and about. The free parking was awesome especially when I figured out the shortcut. Loved the electronic bulletin board.
★★★★★
Great place
★★★★★
Great place to stay in the heart of downtown! So many places to walk and plenty of good shops/restaurants. Amazing balcony with a beautiful view of the riverwalk.
★★★★★
Had an amazing stay, view was great and the restaurants were all in walking distance. Great place would book again.


Is Water Street Properties a Good Airbnb Property Manager Option in Wilmington?

Considering Water Street Properties property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in Wilmington.

To decide if Water Street Properties is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by Water Street Properties.

It’s best to schedule a call with Water Street Properties to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.

Top 4 Water Street Properties’s alternatives and competitors

If you’d like to explore the best Water Street Properties competitors and alternatives in the local market, check out these top Wilmington Airbnb management companies: