1983 E Palomino Drive

Tempe, AZ 85284
List Price
$865,000
1983 E Palomino Drive
1983 E Palomino Drive - Image 2
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Jeremy Holden
Jeremy Holden
Savvy STR Agent

About This Property

Palomino STR Opportunity — South Tempe Cash Flow Opportunity! 🏡💰 This beautifully updated 4 bedroom, 3 bathroom home offers 2,512 SF, a private waterfall pool 🏊, a 3-car garage, no HOA, giving us a great foundation for a higher-end STR. What really stands out to me is the backyard, with its mature trees, and newly installed turf, creating a private, resort-style atmosphere that guests would love! 🌴 The interior already features a remodeled kitchen, hardwood flooring, and updated bathrooms, allowing us to focus our budget on professional STR design, furnishings, pool heat, a potential hot tub, and additional outdoor entertainment amenities 🎯✨. At $865K, reduced from $875K, this property offers an exciting opportunity to create a standout South Tempe group rental without needing a major renovation!

Luxury
Family-friendly
Urban
Mountain
Pool

Property Details

4
Bedrooms
3
Bathrooms
2,512
Square Feet
1986
Year Built
0.22 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI (optimized)
Avg Daily Rate
Avg Occupancy

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Savvy Recommended Upgrades

Pool Heater

Est. $7,500$20,000

turf install

Est. $7,500$15,000

Your Agent

Jeremy Holden

Jeremy Holden

STR Investment Specialist

Phoenix, AZ

62
Deals Closed
5
Years Experience

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Listing agent: Margaret Hunnicutt. Listing courtesy of Weichert, Realtors - Courtney Valleywide. Information deemed reliable but not guaranteed.

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