Listed by Sotheby’s International Realty
$449,000
Proven STR Dual Units Catalina Foothills
Details
APN 10914064D
Property Type Multifamily, Special Purpose
Sub Type Single Family Rental Portfolio
Square Footage 1,700
Net Rentable (SqFt) 1,700
Units 2
Cap Rate 7.57%
NOI $34,000
Occupancy 60%
Pro-Forma Cap Rate 11.14%
Pro-Forma NOI $50,000
Price per SqFt $264
Class C
Year Built 1972
Year Renovated 2017
Buildings 2
Stories 1
Acreage 0.830
Zoning Residential
Parking Spaces 2 spaces
Parking Per SqFt 1.18
Investment Type Value Add
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner
8+ Yr Proven STR | 450k Revenue | Dual Units
Marketing description
This is not a speculative short-term rental—it is a fully operational, income-producing asset with a consistent performance history across two platforms. The property features a main residence and a detached guest house, allowing for multiple rental strategies including dual STR, hybrid STR/LTR, or owner-occupant flexibility.
Set on a private 0.83-acre lot, the property offers a rare level of privacy while remaining centrally located. The standout feature is the artisan stone courtyard with custom seating and fire pit—an experience-driven space that consistently attracts guests and drives repeat bookings.
The property is being offered fully furnished, allowing for a seamless transition to new ownership with immediate income potential.
Investment highlights
💰 Performance / Proof
- 8+ Years Proven STR Income (Airbnb + VRBO)
- $450,000+ Documented Gross Revenue
- ~$52K Avg Annual Income | ~$80K Peak Year
🏡 Property Setup
- Dual-Unit Layout (Main House + Detached Guest House)
- Fully Furnished & Turnkey Operation
- Flexible Use: STR, LTR, or Owner-Occupant
📈 Upside (THIS is what sells)
- Value-Add Opportunity Through Rate Optimization
- Projected $70K–$85K Stabilized Revenue
- Pro Forma Cap Rate ~10%+
🌵 Location / Differentiation
- Private 0.83-Acre Lot in Catalina Foothills
- High-Demand STR Market with Proven Guest Appeal
- Signature Artisan Courtyard Drives Bookings
🎯 Deal Framing
- Delivered Vacant at Close (No Long-Term Leases)
- Financials & Booking History Available Upon Request
- Recent Surge in Buyer Interest
Listing Contacts
Listed by Sotheby’s International Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,000.00
$2,833.33/mo
Valuation Metrics
0
DSCR
7.57%
Cap Rate
7.57%
ROI
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