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Updated 9 months ago on . Most recent reply
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Deal / Property Analysis - How to maximize revenue potential?
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?
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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!