$2,200,000

Description

Were you looking for a Multi-family in Sedona? Look no further, you found the unicorn! This large, beautiful & walkable Fourplex sits in the heart of Uptown, and is an active, renovated, furnished and turnkey high-performing Airbnb. Although from the 80's, this building has had successive owners who have taken great care of it, and have always been on top of all the maintenance. HVAC was upgraded in 2025 for all 4 units, roof is only a few years old, and all units undergo weekly deep cleans during guest turnovers. Three units are 2bd/1ba, and one unit is 1bd/1ba. The plot of land is over half an acre, and its current zoning allows for the addition of TWO MORE units, giving this property the ability to scale up to a Commercial size & valuation. Did anyone say Boutique Hotel ?... Short-term rental revenue totals & projections over $230,000 per year with current 4 units. Two new units could be built on top of the carports for maximizing Uptown red rock views intake & marketability. Units could be split into condos to ensure STR capability for every unit individually. Projections over $350,000/yr in this scenario. Existing development bid at around $300/sqft available upon request.