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3BR Home in Phoenix , AZ
About This Property
PHOENIX, AZ β TURNKEY STR + CREATIVE FINANCING OPPORTUNITY π‘π΅ π₯ 5.375% Existing Loan | No HOA | Heated Pool | Seller Financing Available π₯ 1101 E Ruth Ave, Phoenix, AZ 85020 π‘ PROPERTY OVERVIEW ποΈ 3 Bedrooms + Bonus Room Currently Used as 4th Bedroom π 5 Beds + Couch π 2 Bathrooms π 1,977 SF π 1-Car Garage π Private Heated Pool π΄ Low-Maintenance Turf Backyard ποΈ NO HOA π° TWO PURCHASE OPTIONS AVAILABLE OPTION 1 β EXISTING LOAN / WRAP STRUCTURE π·οΈ Purchase Price: Contact for details π΅ Cash Down Payment: Contact for details π Down Payment: Approx. 30.7% π¦ Current Loan Balance: Approx. Contact for details π Existing Interest Rate: 5.375% π³ Current Contact for details/month OPTION 2 β EXISTING LOAN + SELLER FINANCING π₯ π·οΈ Purchase Price: $700,000 π΅ Cash Down Payment: Contact for details π Down Payment: Contact for details% π¦ Existing Loan: Approx. Contact for details @ 5.375% π³ Existing Contact for details/month π€ Seller Financing: Contact for details π΅ Seller Finance Payment: $800/month π Seller Financing: Principal & Interest, approximately 7%* π Seller Finance Years π₯ Total: Contact for details/month *The 5-year applies ONLY to the seller-financed portion, not the existing first existing financing in place π ACTUAL + PROJECTED STR PERFORMANCE ACTUAL PERFORMANCE SINCE LAUNCH π΅ Actual Revenue May 26 β August 31, 2026: Contact for details π Operating Period: 98 Days π° Average Revenue During Period: Approx. Contact for details/month PriceLabs Projected June-August Total: Contact for details The property was launched as a new STR in late May with zero existing reservations. Even with the initial ramp-up period and Phoenixβs slower summer season, actual revenue has tracked closely with PriceLabsβ projected summer performance, providing encouraging early validation of the revenue model. π ANNUAL STR PROJECTION π° Projected Annual Revenue: Contact for details π Projected Monthly Average: Approx. Contact for details π΅ Projected Average Daily Rate: $455/night π Projected Occupancy: 65% PriceLabs projects significantly stronger revenue during Phoenixβs peak winter and spring season, including approximately Contact for details in February and Contact for details in March. β TURNKEY STR FEATURES π Remote-Controlled Heated Pool π Automated Smart Locks πΉ Ring Cameras π¦ MyQ Garage Setup π΄ Synthetic Turf π± Game / Entertainment Room ποΈ 5 Beds + Couch π¨ STR-Focused Interior Design π 1-Car Garage β‘ Already Operating ποΈ FURNITURE & STR SETUP The property can be sold with the existing furniture, beds, dΓ©cor and STR setup through a separate bill of sale, allowing a buyer to take over a substantially turnkey operation rather than furnishing and setting up the property from scratch. π LOCATION Located in North-Central Phoenix, with convenient access to restaurants, shopping, groceries, coffee, fitness, medical services and other everyday amenities. The property provides access to the broader Phoenix/Scottsdale visitor market while offering guests a private heated pool, multiple sleeping areas, entertainment space and no HOA.
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