Description
Turn key investment portfolio in the highly sought after city of Scottsdale. Offering 3 hand curated and exceptional short term rental properties that have over $780k in renovation and remodeling costs. The in place operations offer continued stability and favorable operational costs.This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Phoenix housing market and its most desired neighborhood, Scottsdale. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations.In recent years, Scottsdale has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The surrounding neighborhoods also offer an abundance of history dating back to the development of Scottsdale and feature historic landmarks, plentiful hiking trails, architecturally notable buildings, lush resorts and world renowned golf courses. This is a bulk sale, the following parcel's are included - 175-70-052, 167-08-062, 130-30-012
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N/AACRES
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01/2 BATHS
School Information
Description
Turn key investment portfolio in the highly sought after city of Scottsdale. Offering 3 hand curated and exceptional short term rental properties that have over $780k in renovation and remodeling costs. The in place operations offer continued stability and favorable operational costs.This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Phoenix housing market and its most desired neighborhood, Scottsdale. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations.In recent years, Scottsdale has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The surrounding neighborhoods also offer an abundance of history dating back to the development of Scottsdale and feature historic landmarks, plentiful hiking trails, architecturally notable buildings, lush resorts and world renowned golf courses. This is a bulk sale, the following parcel's are included - 175-70-052, 167-08-062, 130-30-012
© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T07:21:16.24.