STR Exchange

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STR163

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3333 W Thunderbird Rd, Phoenix, Arizona 85053

1290

Bedrooms

Utilities Included

Bathrooms

Furnished

Available to Lease on

ASAP

Property Type

Apartment

SQFT

864

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Key metrics

Rent

1290

Monthly Estimated Profit^?

2160

Annual Estimated Profit^?

25920

Acquisition Fee

2500

Security Deposit

300

Average Daily Rate

163

Occupancy

74.9%

Annual Revenue

45000

Key Features

Property Description:

Discover spacious and modern two-bedroom, two-bathroom apartments in the heart of Phoenix, AZ! These thoughtfully designed units offer top-tier amenities, including air conditioning, ceiling fans, walk-in closets, and private patios or balconies. Located just 14 miles (approximately 20 minutes) from downtown Phoenix, this community provides a perfect balance of convenience, comfort, and resort-style living.

Take a virtual tour of the units here: https://my.matterport.com/show/?m=CEuQckj9Svi

This pet-friendly community features three sparkling pools and spas, a fitness center, two on-site playgrounds, a dog park, and BBQ/picnic areas—perfect for those who love outdoor living. Enjoy 24/7 maintenance support, a business center, and a breakfast/coffee concierge to enhance your everyday living experience.

Units are available unfurnished or furnished, and subleasing is permitted once clients submit background check information for guests.

Features

Inside the Unit:

Laundry: Three large on-site laundry facilities
Kitchen Appliances Included: Frost-free refrigerator, dishwasher, garbage disposal
Air Conditioning / Heating Type: Central Air
Walk-in Closets & Vaulted Ceilings (2nd floor units)
Patio/Balcony

Community Amenities

Three sparkling pools and spas
Fitness center
BBQ/picnic area
Dog park & two on-site playgrounds
24/7 emergency maintenance
Business center & breakfast/coffee concierge

Rental Terms & Fees

Lease Length Options: 1 Year+
Subleasing: Permitted (background check info required for guests before check-in)
Furnished/Unfurnished: Available per tenant’s preference
Rent: TBD
Security Deposit: $300 per unit
Utilities: Billed separately (tenant must set up electricity)
Pet Policy: Maximum of two pets allowed per unit, $300 one-time pet fee, and $35 monthly pet rent per pet (breed restrictions may apply)
Application Requirements: A credit check required

STR Regulations Summary:

Status:

STR Friendly

View Regulations Here

Phoenix, Arizona allows non-owner occupied short-term rentals (STRs) but has implemented regulations to govern their operation. As of January 15, 2024, all STR operators in Phoenix must obtain a permit from the city3. This applies to both owner-occupied and non-owner occupied properties.Key regulations for non-owner occupied STRs in Phoenix include:

Registration and Permitting: Operators must register with the city and obtain a STR permit, which costs $250 for initial application and renewal3.
Insurance: Maintain liability insurance coverage of at least $500,000 per property1.
Display of Permit: The STR permit/license number must be displayed on all advertisements for the rental3.
Neighbor Notification: Operators must inform adjacent properties of their intent to operate an STR3.
Prohibited Uses: STRs cannot be used for large events like parties or weddings1.
Penalties: Violations can result in fines ranging from $500 for the first offense to $3,500 for the third offense1.
Taxes: STR operators must pay a combined tax rate of 12.57% for all state, county, and city taxes5.