Short-Term Rental Investment at Costa Hollywood. This 1 bedroom + Den, 1 Bathroom Condo-Hotel achieved 91.3% occupancy in the last 12 months with an ADR of $182.71. Evaluating the asset at a 6% CAP Rate. The owner may use it as a primary residence as well. It features floor-to-ceiling impact windows and a formal dining space connected to the main living space offering an open layout. Fully furnished and equipped, and it can be converted into a two-bedroom. Investors may rent property on their own outside the hotel program—no rental restrictions. Dip in the rooftop heated pool or hot tub, and enjoy breakfast at the café on the first floor. Currently managed by Stayplus.