bed: 4 bath: 3 sq ft: 3,409 year built: 1979
bed: 4 bath: 3 sq ft: 3,409 year built: 1979
1585
$1,095,000
45%
32 San Patricio Dr, Sedona, AZ 86336 is a short-term rental in Sedona, AZ. The Serenity is a beautiful home with travertine tile, granite countertops, wooden beams, and stainless steel appliances. The home is a bright, open floor plan with balcony access from most rooms in the home. The Serenity is close to Uptown, restaurants, and shopping. The beautiful four-bedroom, three-bathroom home features a living area, patios, and kitchen spaces on both levels. The downstairs area of the home also features a stone fireplace.
Amenities
Address: 32 San Patricio Drive, Sedona, AZ 86336
$153,300
— 15.0% Gross Yield
-
$100,112
$53,188
Cash Flow
÷
$1,022,840
Raise Amount
5.2%
Based on data from the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes have appreciated 4.5% per year on average for the last 20 years. Arrived's vacation rental strategy is focused on single family homes.
This data is based on a national average for Single family homes in the 35th to 65th percentile range by home prices according to the Zillow Home Value Index. This is a national average and may not represent actual performance of this property's zipcode. In addition to property appreciation, equity returns also depend on real estate investment costs, hold period, and leverage. For more information, refer to the Offering Circular.
Use our returns calculator below to see how hypothetical property performance may impact your investment.
45%
Lower
Higher
Property Purchase Price
$1,095,000
Property Improvements & Cash Reserves
$285,100
Closing Costs, Offering Costs & Holding Costs
$80,735
Arrived Sourcing Fee (One-time)
$54,750
$1,515,585
$492,750
$1,022,840
IPO Price Per Share
$10
Total Shares
102,284
5-15 years
How Arrived works
Arrived acquires rental properties into an LLC and sells shares in that LLC to the general public. Arrived then manages the day to day operations including finding tenants and completing repairs. Investors receive cash dividends from rental income each quarter and capture any property value appreciation.
What returns can I expect
Investing in Arrived rental properties can deliver returns to investors in two different ways:
1) Dividends from the rental income on each property; currently paid out to investors quarterly
2) Appreciation from the change in property value that will be realized at the end of the investment hold period
What is the process to prepare a vacation rental for bookings
Preparing a newly-funded vacation rental for bookings can take an average of 1-3 months depending on a number of factors for each property. We work with experienced design & furnishing partners that have a strong track record of standing up and operating top performing vacation rentals quickly and efficiently. Together with these partners we develop a property theme, set a budget and timeline, and work with local contractors, furniture suppliers, and our property managers to ready not only the property but also all the additional services (cleaning, customer support, pricing optimization, …etc).
Diversification
With real estate, it can be beneficial to invest in multiple properties and markets to achieve portfolio diversification. Diversifying your portfolio can be a good way to reduce exposure to risk from an individual property, tenant, or market forces.
Investing horizon & liquidity
Currently investors will need to plan to hold their shares for the full investment period until the property is sold and investors are paid their proportional proceeds from the sale. We anticipate establishing a mechanism to facilitate secondary trading in accordance with the rules and regulations of the U.S. Securities & Exchange Commission (SEC) as an option for liquidity during the investment period, however there can be no guarantee when that will be available. Please submit your email if you would like to be notified of future developments.
Arrived strives to give investors the opportunity to build wealth through real estate. Historically, real estate returns have been maximized when treated as a long-term investment over multiple years. Arrived property offerings typically have a 5 year minimum investment period before a property would be sold.
Disclaimer:
There is currently no public trading market for our Interests, and an active market may not develop or be sustained. There is no guarantee that appropriate regulatory approval to permit such secondary trading will ever be obtained. If an active public trading market for our securities does not develop or is not sustained, it may be difficult or impossible for you to resell your shares at any price before the end of the investment period. Even if a public market does develop, the market price could decline below the amount you paid for your shares, and there may be fees involved. Please refer to our offering circular for more details regarding potential distributions.
No need to worry, all Arrived rental properties go through our rigorous selection process and have been pre-vetted for their investment potential by our acquisitions team (more info). Rather than focusing on selecting individual properties to invest in, many Arrived investors simply distribute their investment across several available properties to achieve portfolio diversification.
100% shares purchased
$1,022,840
Invested
Invested