🏡 Harmony House – Off-Market STR Gem. Appraised for $795K. Projected Revenue: $120K+

📍 7039 Otis Ct – Arvada, CO

📊 Due Diligence & Resources

• 🔗 Airbnb Listing

• 🔗 VRBO Listing

• 📈 Pro Forma & FAQs

• 📄 Appraisal (Jan 2025 – $795K)

✨ Why This Property Stands Out

• Off-Market Opportunity: Rare chance to acquire a proven short-term rental without competing on the open market.

• Group-Friendly Layout: 4 bedrooms designed to host up to 14 guests comfortably – a standout in the area for larger groups.

• Strong Historical Revenue:

  • 2024: $67,440 gross (net of cleaning fees)

  • 2025 YTD: $49,351.99 gross

  • 2025 future reservations already booked: $13,146.19
    ⚠️ These numbers are below the market potential – top comps in the area achieve $120K–$140K+ annually, showing plenty of upside.

• Free Cost Segregation Study: Offered by the seller (who works in the field) – a valuable tax benefit for the buyer.

• Appraised at $795,000 in Jan 2025 – a helpful benchmark for valuation. 👉 View the Appraisal here

• Sold Fully Furnished: Turn-key from Day 1 – furniture included in price.

🔑 Property Highlights

• 4 Bedrooms / 2.5 Bathrooms

  • 3 King Bedrooms

  • Large Bunk Room with 3 bunks (4 twins + 2 queens)

• Entertainment-Ready:

  • Karaoke + Billiards area

  • 65” & 55” Smart TVs

  • Room-darkening curtains in all bedrooms

• Outdoor Amenities:

  • Hot tub

  • Fire pit

  • 6-person outdoor seating area

  • Fenced-in backyard with ample parking (driveway, garage, street)

• Dining & Hosting:

  • 12-person dining table

  • Spacious open-plan kitchen with brand-new appliances

• Other Comforts:

  • Indoor gas fireplace

  • Large, efficient washer/dryer

  • Room for groups while still feeling cozy and private

💡 Growth Potential

Harmony House is already cash-flowing but could unlock significantly higher returns with targeted upgrades:

• Redesign + Furniture Refresh: Elevate guest experience and increase ADR.

• Professional Photography: Modern photos help maximize bookings.

• Premium Amenities: Adding a dry barrel sauna and other top-comp amenities could further lift occupancy and nightly rates.

• Pricing Strategy Optimization: Year-round yield management to align with seasonal demand.

📈 STR Snapshot

🚀 Next Steps

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