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6220 E Larkspur Drive

Scottsdale, AZ 85254
  • $3,614,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 6508382
UPDATED: 55 min ago
$3,614,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1969
County:
Area:

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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Arizona Regional MLS logo© 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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-28T11:18:26.33.
www.yournextphoenixhome.com/homes/136122142
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6220 E Larkspur Drive Scottsdale, AZ 85254

  • Price: $3,614,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 55 min ago
  • MLS #: 6508382
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
County:
Maricopa
Area:
Scottsdale
Elementary School:
Desert Shadows Elementary School
Middle School:
Desert Shadows Middle School - Scottsdale
High School:
Horizon High School
Property 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
Exterior Features

Construction Slump Block Construction Finish Other (See Remarks)Stone Covered Parking Spaces 3.00 Exterior Amenities Desert LandscapingLandscape Wtr SystemOther (See Remarks)Patio/BalconyRv/Boat Parking Lot Size Dimensions 185.69 X 130.19 Parking Attached Roads Asphalt Roofing Comp ShingleOther (See Remarks)

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 1128 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 3000 4 Bedroom Unit Baths 4 Appliances Included DishwasherDisposalOther (See Remarks)RefrigeratorW/D HookupWasher/Dryer Cooling Window/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Wood Heating Natural Gas Interior Amenities Furnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 2 Adjusted Gross Inc 144660.00 Annual Other Expense 27530.00 Annual Ownr Asoc Fee 0.00 Community Amenities No PoolOtherPool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 144660.00 Hoa YN No Net Operating Income 117130.00 New Financing 1031 ExchangeConventionalCtlOther (See Remarks) Operating Exp 30740.00 Other Income 0.00 Other Type House + Rental Units Owner Pays Other Project Type Other (See Remarks) Sale Includes Land & BuildingLaundry EquipmentOther (See Remarks)Personal PropertyPool Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 3210.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.00 Water City Franchise Zoning Re-24

Arizona Regional MLS logo Listing provided by North & Co: 480-843-5101 .


Arizona Regional MLS logo© 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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-28T11:18:26.33.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206