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Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Amazing Scottsdale Vacation Rental Home

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Scottsdale, AZ 85254

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$1,295,000
4
3
2,758
sq. ft.
$470
per sq ft
Heated sq ft: 2,758 sq ft
Avg Nightly Rate: $500
Home Legally Sleeps: 10
Occupancy Rate: 28 weeks
Annual Gross Income : 98000
Annual Net Operating Income : 45000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Business Stay, Desert, Golf, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 305

Property Description

WOW! Fully turn-key vacation rental includes a property manager and future bookings in place, as well as the flexibility to change management if you prefer! This beautiful home is in immaculate condition and includes a 4.5-star rating with a long list of stellar guest reviews. This location in the popular Kierland area of Scottsdale is close to shopping, golf, recreation, and all that Scottsdale/Phoenix have to offer! This home sits on a very desirable large corner lot, nestled in a very quiet and established neighborhood with NO HOA, and boasts designer decor inside and out. All of the furniture, artwork/decorations, interior and exterior paint, travertine, and landscaping remodel are just 2 years old. The new AC unit, including the NEST controller system was just replaced this year. The roof is in great condition, and there is NO deferred maintenance. This house is well taken care of, and it shows. High speed Internet and streaming TVs in every room, and a Sonos surround sound system provides a great audio/visual experience for the guests. Fabulous indoor/outdoor built-in activities including a pool table, shuffleboard table, putting green, bocce ball court, and heated pool! The spacious resort style backyard features travertine tile pool deck, assorted furniture, a dedicated fireplace/conversation lounge area, along with mature orange, grapefruit, and lemon trees that produce excellent fruit during the season for the guests to enjoy. Each room has individually custom appointed decor with a comfortable King size bed, and 2 1/2 bathrooms provide enough space for everyone. The main bedroom has a Jetted tub and walk-in closet for added convenience. The kitchen and outdoor built-in BBQ provide everything the guests need for cooking and entertaining. The laundry room has a full size washer & dryer and ironing amenities for the guests to use as well. Right now, we are on pace to outperform last year's gross income, and we have been in the process of fine tuning the expenses to increase the net income. Scottsdale is a destination city and boasts a thriving, owner-friendly, vacation rental market for the millions of visitors each year. This truly is a one of a kind investment.

Presented by:
Owner:
randall prosise
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 700
Low: 345
Peak: 1100
Special Event: 1250
Avarage: 500.00
Furniture Age
2
Est Value of Furnishings
$75,000
Peak & High Seasons
January, February, March, April, May, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
We love Scottsdale so much that we moved here! We would like to sell this property and find one in a location we can use for vacations. If we didn't live here, we would for sure keep it and book it for our vacation use!
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
98000
Net Operating Income
45000
Stories
1
Additional Indoor Rooms
Family Room, Game Room, Living Room, Pool House
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Electric or Gas Firelace
Floor Coverings
Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Year built
1984
Outdoor Features
Fenced/Gated Yard, Inground Pool, Outdoor Kitchen, Putting Green, Other
View
No view
Backyard Exposure
West
Lot Size
Spacious 10,200 square foot lot.
Community Features
Tax Amount/Year
$4,400
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
2 Car garage, parking for 2 cars in the driveway, and street parking.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
28
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$25.00
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
For any new reservation, you can cancel within 24 hours of booking to receive a full refund. After that, cancel at least 30 days before check-in and receive a refund in your original form of payment, minus the booking fee and associated taxes.
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$2,850.00
Pool & Spa Maintinence (Annual)
$2,650.00
Electricity (Annual)
$5,100.00
Water/Sewer (Annual)
$2,465.00
Cable/Interbet (Annual)
$1,500.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$4,400.00
Homeowner's Insurance (Annual)
$765.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

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Effective Gross Rent

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Management Rental Commission Annually ($)

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Credit Card Fee Annually ($)

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Cleaning Fees Annually

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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 ($)

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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

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Loan
Down Payment (%)

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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.

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