Flagstaff Mountain Home

$679,900
4
3
2,559
sq. ft.
$266
per sq ft
Heated sq ft: 2,159 sq ft
Avg Nightly Rate: $275
Home Legally Sleeps: 10
Occupancy Rate: 25 weeks
Annual Gross Income : 20000
Annual Net Operating Income : 14000
Property Type: Townhouse
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Mountain
New Construction: Yes
Days on Vrolio: 357

Property Description

Modern Alpine Luxury with fresh air and mountain views of the San Francisco Peaks in Flagstaff, AZ. 3 Bedrooms Plus, 3 1/2 bath sleeps 11. Escape to Cool Mountain Air, Pine Trees, and Mountain Views in Alpine Luxury. This new home provides modern luxuries in close proximity to mountain views and mountain activities. With 2 master suites with ensuite baths; a bunk room with a trundle bed; a media room with an available queen bed, plus an office with a pullout sofa bed, this home sleeps 11 in comfort. FULLY equipped kitchen with breakfast nook and breakfast bar invites delicious meals with family and friends. Unwind after a day of hiking, skiing, or exploring in front of the fireplace in the comfortable living room. Relax on the back covered patio and enjoy a meal at the patio table for 6 while you admire the beautiful mountain and pine trees. Have a morning walk on the community walking paths and parks. Let the kids play on the basketball courts and playgrounds. Short drives to the restaurants and social scenes in downtown Flagstaff, and easy access to the I-17 and I-40. Explore the trails, route 66 towns, shopping, and gourmet restaurants that make Flagstaff a destination. High-speed internet and an office allow for work-cation, and streaming TV programming. Super comfy beds and a recreation room with board games and video games round out the accommodations. Everything you could want, all the comforts of home and then-some while traveling. Two-car garage with additional uncovered parking.

Presented by:
Agent:
Steve Sorenson
Venture REI
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 375
Low: 179
Peak: 500
Special Event: 500
Avarage: 275.00
Furniture Age
3
Est Value of Furnishings
$38,000
Peak & High Seasons
January, February, June, July, August, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Moving across country
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
20000
Net Operating Income
14000
Stories
2
Additional Indoor Rooms
Attached Garage for 2 cars, Family Room, Game Room, Home Office/Den, Multiple Master Suites
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Carpet, Real Hardwood, Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Attic air barriers, Carpet, Double pane-low emissivity windows, Energy Efficient Insulation, Low flow faucets/toilets, Programmable thermostat
Year built
2020
Outdoor Features
Deck, Fenced/Gated Yard
View
Mountain, Wooded Area
Backyard Exposure
North
Lot Size
2614 sqft, .06 acre
Community Features
Tax Amount/Year
$2,373
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
2 car garage, 2 spots on driveway
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, Draft regulation requiring licensing. Basic common sense regulation requiring a contact and registration. See here: https://www.flagstaff.az.gov/4810/Short-Term-Rental-License
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$11.28
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
25
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$30.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
60 days
 
  •  
Credit Card Fee
$3.00
Cleaning Fee
$200.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,500.00
Water/Sewer (Annual)
$500.00
Cable/Interbet (Annual)
$1,000.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$2,373.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$312.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

LOCATION MAP VIEW

Nearby Similar Homes

Listing Source: Venture REI, 602-828-9269

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.