140 E CORTEZ Drive #A101 Sedona, AZ 86351
1 Bed
1 Bath
640 SqFt
UPDATED:
Key Details
Property Type Condo, Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 640 sqft
Price per Sqft $484
Subdivision Oak Creek Villas Condominiums Building A
MLS Listing ID 6989714
Bedrooms 1
Full Baths 1
HOA Fees $270/mo
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $569
Tax Year 2025
Lot Size 320 Sqft
Acres 0.01
Property Sub-Type Apartment
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This successful vacation rental boasts a strong occupancy history and consistent year-over-year profitability, with detailed financial records available to qualified buyers. With Sedona short-term rentals averaging strong occupancy rates and approximately $47,000 in annual revenue on average, the The property itself offers approximately 640 square feet of efficient living space with a well-designed 1-bedroom, 1-bath floor plan--ideal for couples, solo travelers, and vacationing guests seeking an authentic Sedona experience. Its manageable size, low-maintenance footprint, and turnkey presentation make it an ideal investment for both experienced and first-time short-term rental owners.
Why Sedona is One of the Best Short-Term Rental Markets in the Country:
Sedona is widely recognized as one of the most sought-after vacation destinations in the Southwest, attracting nearly 3 million visitors annually who come for its world-famous red rock scenery, outdoor recreation, vibrant arts scene, and year-round tourism economy. Tourism is the driving force behind Sedona's economy, generating over $1 billion annually and supporting more than 10,000 jobs, which creates sustained demand for quality vacation rental properties.
Short-term rental performance in Sedona remains exceptionally strong, with approximately 70% average booking rates and nightly rates averaging over $270 per night, demonstrating the area's robust income potential and consistent guest demand.
Guests are drawn to Sedona for:
World-renowned hiking, mountain biking, and outdoor adventure
Stunning red rock views and natural beauty
A thriving arts, dining, and cultural scene
Year-round tourism and mild climate
Close proximity to wineries, golf, and luxury resort experiences
This unbeatable combination makes Sedona one of Arizona's premier short-term rental investment markets.
Investment Highlights:
Fully furnished and turnkey short-term rental
Proven income history with financials available
High occupancy rate and strong cash flow potential
Immediate revenue opportunity - no setup required
Located in one of Sedona's most desirable visitor areas
Ideal for investors seeking passive income or a vacation home with rental upside
Whether you are looking to expand your investment portfolio, generate passive income, or own a vacation retreat that pays for itself, this turnkey Sedona short-term rental presents an exceptional opportunity in one of Arizona's most profitable and in-demand vacation rental markets.
Location
State AZ
County Yavapai
Community Oak Creek Villas Condominiums Building A
Area Yavapai
Direction Hwy 179 to the roundabout with E Cortez, head to 140 the building at the end of Cortez.
Rooms
Master Bathroom true
Den/Bedroom Plus 1
Separate Den/Office N
Interior
Interior Features Granite Counters, Eat-in Kitchen, Full Bth Master Bdrm
Heating Forced Air, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Vinyl
Fireplace No
Window Features Dual Pane
Appliance Refrigerator, Built-in Microwave, Electric Range
SPA None
Laundry See Remarks, Engy Star (See Rmks)
Exterior
Parking Features Off Street, Unassigned, Common
Fence None
Community Features Pool, Pickleball, Community Laundry, Coin-Op Laundry, Playground
Utilities Available APS
View Red Rocks/Boulders, Mountain(s)
Roof Type Composition
Private Pool No
Building
Lot Description Gravel/Stone Front, Gravel/Stone Back
Story 2
Builder Name Unknown
Sewer Private Sewer
Water Pvt Water Company
New Construction No
Schools
Elementary Schools Red Rock Academy
Middle Schools Sedona Red Rock Junior/Senior High School
High Schools Sedona Red Rock Junior/Senior High School
School District Sedona-Oak Creek Jusd #9
Others
HOA Name Sedona Sunrise II
HOA Fee Include Roof Repair,Insurance,Maintenance Grounds,Front Yard Maint,Trash,Roof Replacement,Maintenance Exterior
Senior Community No
Tax ID 405-41-069-A
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.zillow.com/view-imx/9214e33f-4378-4f6a-b247-da7a2f043e86?wl=true&setAttribution=mls&initialViewType=pano
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