8 Bedroom 5 Bathroom Air BnB/VRBO Scottsdale Home with Great Income!!!

Scottsdale, AZ (Maricopa County)

8 Bedroom 5 Bathroom Air BnB/VRBO Scottsdale Home with Great Income!!!
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Asking Price: $795,000

Gross Revenue: $150,000

Price/Sq. Ft.: N/A

NOI: $90,000

Building SF: 5,257

FF&E: N/A

Year Built: N/A

8 Bedroom 5 Bathroom Air BnB/VRBO Scottsdale Home with Great Income!!!

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Property Description

FULLY REMODELED & FULLY FURNISHED AirBnB and VRBO income property with TWO homes on the lot! The home is a money maker. 10%+ Cap Rate with days already booked producing $10k in February and $15k in March and April quickly getting filled. NO HOA! This two-home property can be a beautiful compound for your family or a great investment in the 85254 zip code!! Single level home with equally large guest house on 1/2 acre+ lot only minutes from Kierland Commons and Scottsdale Quarter. Close to both the 51 and 101. Formerly a Horse Property. 2,557 sq. ft. front home with 5 bedrooms plus den and 3 bathrooms. This home also has a rear building/guesthouse with 2,700 sq. ft. under roof. Guest home has 3 bedrooms, 2 bathrooms, large living and dining areas huge patio and a brand new kitchen. This is one of the only 8+ bedroom properties on short term rental sites in North Scottsdale, and has been wildly popular with large groups vacationing in the area. Right now bookings are only allowed 90 days out in the event the new owner would like to use the property themselves. This property was totally remodeled during the last half of 2018 including a major facelift and modernization to the exterior. Most of the appliances are brand new, and all AC units were serviced and/or replaced. You have to see this place for yourself! Please do not disturb the tenants.

Detailed Information

Location:
Scottsdale, AZ
Type:
Other Business Real Estate
Building SF:
5,257
Building Status:
Established
Current Property Expenses:
Taxes/Yr: $3,212/2018 and Cleaning Fees
Location Description:
Cross Streets: 64th Street and Cactus Directions: North on 64th Street to property on left just past Sweetwater.
Current and Prior Use:
Vaction Rental Home
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Mike Darmo

Property Listed By:
Mike Darmo

American Realty Brokers

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