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Monthly Rental Rate: $2,602
Phoenix's warm climate and diverse attractions, from outdoor adventures and cultural experiences to major events and its role as a gateway to Arizona's natural wonders, make it a highly desirable destination for tourists year-round, ensuring strong occupancy rates and revenue potential for short-term rental (STR) opportunities.
Short-Term Rental Potential:
Projected Annual Revenue: $53,500
Projected Monthly Revenue: $4,458
Estimated Occupancy Rate: 71%
Average Daily Rate: $207
Co-Living Investment Opportunity:
Total Monthly Co-Living Income: $4,000
Master Suite: $1,400 per month
Regular Rooms (2): $1,300 per month per room
Projected Annual Co-Living Revenue: $48,000
Deal Source: YP Acquisition Team
Important info:
- Earnings are projections and based on market fluctuations.
- Investors are encouraged to research the market averages using the zip code provided before closing on the deal, signing any leases, or finalizing any property closing.
- Third party listings can always go through our quality vetting process, which always includes a walk through of the property and deep market research.
- Our team encourages you to request a tour of any property before moving forward with any deals marked Third party on our platform. Deals found by the YP acquisition team are always vetted following our best practices to insure quality.
- We encourage investors to work closely with one of our Consultants to ensure you’re picking the right deal for you.
- Please ensure you have an active and in good standing business license, or be in the process of acquiring one before deciding to purchase.