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Updated 10 months ago on . Most recent reply

User Stats

127
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119
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Ian Tyndall
  • Investor
  • Glen Allen, VA
119
Votes |
127
Posts

Deal / Property Analysis - How to maximize revenue potential?

Ian Tyndall
  • Investor
  • Glen Allen, VA
Posted

I am under contract on this property in Glendale, Arizona. I am bullish on the location and the building. The revenue projections seem reasonable to me because I have another STR in Glendale with 4B2B that is on track for $90k this year. It is much further away from the Westgate Entertainment Complex than this property. Lots of visitors come to town for events there, so I think this location and expanded size will be an excellent draw.

What would you do with this house and more importantly the yard to maximize its appeal and ADR?

Most Popular Reply

User Stats

2,233
Posts
1,293
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Sarah Kensinger
  • Real Estate Consultant
  • Ohio
1,293
Votes |
2,233
Posts
Sarah Kensinger
  • Real Estate Consultant
  • Ohio
Replied

Wow so so much potential!! I would highly recommend hiring a designer for that one, even if it's just a virtual option. If your potential numbers already look good, you most certainly won't regret the money spent on a designer!

  • Sarah Kensinger
  • [email protected]
  • 330-557-3021
  • Loading replies...