Moving Two Off Market Properties in N. Scottsdale, AZ

Posted Jan 10 2023, 10:29

Hey BP Family!

I am moving two recently completed flips that an agent friend of mine has in North Scottsdale, AZ. Both properties are 3bd/2ba, worth 920k-930k if they were sold retail. My friend is okay listing them himself, but I wanted to let you all have the opportunity first if you're looking to add to your portfolio. Their cash-flow potential is great, especially if you use it as a short to medium term rental. Comparable Long Term rentals are going around $4500/month which would break even. Short Term Rentals in the neighborhood are between $300-$400 a night, but with the recent renovations, it'll be easy to market it on the higher end of that range. We are looking to move them quickly, especially because of the upcoming February surge of AirBnbs. Phoenix Market will be incredible this next month because of the Superbowl, Barret Jackson Auto Show, and the Waste Management Open. The properties are both located about two miles away from the Mayo Clinic Hospital- PHX 1, and about a mile from Kierland Commons. So this will be perfect for corporate rentals, travel nurses, or vacationers. DM me if you are interested. Pictures and walk throughs are available. I'll remove the post once it goes under contract. Whether these are your properties or not, good luck out there! I look forward to hearing from you.

Offering

Phoenix, Arizona

2 Votes