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Venture on 66th

8 Unit-AirBnB near Old Town Scottsdale
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12% PREFERRED RETURN
$1,000 MINIMUM INVESTMENT
2 Yrs HOLD PERIOD
$550,000 MAX RAISE
$550,000 FUNDED
87 INVESTORS
100%

Overview

Venture on 66th is an 8 unit property a short distance from Old Town Scottsdale. This area continues to be a coveted destination for high-end shopping, restaurants, art galleries, nightlife, and major community events, both for out of town tourists as well as area residents. We plan to perform a transformative renovation to the property and then furnish each unit with contemporary and well designed linens and textiles. We intend to manage the property as an Airbnb or short term vacation rental (although it is also suitable as a traditional apartment property.)


Key Highlights

  • Highly Desirable Location near Old Town Scottsdale: Close to events, restaurants, shopping, art galleries and other activities
  • Opportunity for passive investment into Airbnb project
  • Current rents 43% below renovated comparable rents in neighborhood
  • Close to significant development in the McDowell Corridor and neighborhood is currently seeing many renovations

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