Sierra Vista, Arizona is experiencing a robust short-term rental market, with high occupancy rates of 59%, an average daily rate of $117, and significant revenue growth, making it an attractive destination for both travelers and investors.
Thriving Short-Term Rentals in Sierra Vista, Arizona: High Occupancy and Attractive Rates
Sierra Vista, Arizona, is experiencing a robust performance in its short-term rental market, making it an attractive destination for both travelers and investors. According to recent data, short-term rentals in Sierra Vista boast an impressive 59% average occupancy rate, indicating a strong demand for these accommodations. The average daily rate for these rentals stands at $117, with monthly revenues averaging $11,333. This positive trend is further reinforced by a growth in active listings, with a 3% increase over the past year. With a wide range of fully furnished options, including entire homes, private rooms, and amenities like internet, parking, and air conditioning, Sierra Vista's short-term rental market is not only thriving but also offering comfortable and convenient stays for guests.
Short-Term Rental Regulations in Sierra Vista, Arizona for 2024
Registration and Licensing
- All short-term rentals must obtain a business license.
Compliance Requirements
- Owners must provide proof of compliance with applicable laws, regulations, and ordinances.
Contact Information
- Owners must provide the city with the name, address, phone number, and email of an emergency point of contact who is available to respond to complaints and emergencies.
Tax Compliance
- Owners must pay applicable taxes and provide evidence of a valid Arizona Transaction Privilege Tax License.
Zoning and Safety Regulations
- Hosts must comply with local zoning regulations, noise ordinances, and safety requirements.
Penalties for Non-Compliance
- Failure to comply with regulations can result in civil penalties, which can range from $500 to $3,500 depending on the frequency and severity of the violations.
Operational Restrictions
- Short-term rentals cannot be used for nonresidential purposes such as retail businesses, restaurants, or event centers, although this is more of a state-level restriction.
Emergency Response
- Owners or their designees must be available to respond to complaints or emergencies in a timely manner, typically within 30-45 minutes.
Top Neighborhoods for Airbnb Revenue in Sierra Vista, Arizona
1. Town & Country Estates
- This neighborhood is appealing due to its well-established and desirable location. Properties here, such as the one on 1398 Heather Drive, offer 4 beds, 2 baths, and 2,170 sq.ft., with a cash on cash return of 4.62% on Airbnb.
- Guests are drawn to the area's tranquility and proximity to local amenities, making it an ideal spot for families and travelers seeking comfort and convenience.
2. Pueblo Del Sol
- Located at the edge of town, this neighborhood offers a mix of modern comfort and easy access to outdoor activities. Properties like the one on 5207 S Sioux Avenue provide 3 beds, 2 baths, and 1,604 sq.ft., with a cash on cash return of 4.19% on Airbnb.
- The area's appeal lies in its well-established community and the balance between urban amenities and natural surroundings.
3. Antelope Run
- This neighborhood is known for its quiet and beautifully updated homes, such as the one on 4845 S Whitewing Road, which features 3 beds, 2 baths, and 1,630 sq.ft., with a cash on cash return of 3.75% on Airbnb.
- Guests are attracted to the area's peaceful atmosphere and the spacious lots, often nearly an acre in size, which offer ample privacy.
4. Central Sierra Vista (near Fort Huachuca)
- Properties in this area, such as the Desert Oasis Estate on an acre lot, are highly rated for their central location, privacy, and amenities like pools and grills. This area offers easy access to Fort Huachuca, main restaurants, and shopping malls.
- The proximity to Fort Huachuca makes it a prime location for military personnel and their families, while the central location and amenities appeal to a wide range of travelers.
5. Cholla Circle Area
- Homes in this neighborhood, like the one on 1016 Cholla Circle, offer a blend of modern comfort and timeless charm. This property features 3 beds, 2 baths, and 1,524 sq.ft., with a high cash on cash return of 7.36% on Airbnb.
- Guests appreciate the quiet neighborhood, parks nearby, and the central location that allows easy access to downtown shops and restaurants.
These neighborhoods are particularly appealing due to their combination of desirable locations, modern amenities, and proximity to key attractions such as Fort Huachuca and the Huachuca Mountains, making them highly attractive for both investors and guests.
Tips for Furnishing and Designing an Inviting Airbnb in Sierra Vista, Arizona
Reflecting the Unique Style of Sierra Vista
1. Incorporate Southwestern Elements
- Use a mix of rustic and modern elements to reflect the city's Southwestern heritage.
- Incorporate vibrant colors and patterns inspired by the local landscape.
- Choose furniture made from natural materials like wood and stone to create an inviting atmosphere.
2. Outdoor Spaces and Amenities
- Highlight outdoor spaces such as patios, BBQ areas, and hot tubs, which are highly desirable for relaxation and combating the heat.
- Include amenities like pools, fire pits, and covered patios to enhance the guest experience.
3. Local Cultural Touches
- Add contemporary decor that reflects local culture to give the property a distinctive character.
- Incorporate elements that celebrate the city's rich Native American heritage and its natural surroundings.
4. Comfortable Living Areas
- Focus on creating a comfortable living room, as it is often the central gathering space for guests.
- Invest in statement pieces like couches, coffee tables, and dining room tables that define the space and provide comfort.
5. Spacious and Well-Equipped Kitchens
- Ensure the kitchen is fully stocked with essential amenities such as a microwave, dishwasher, and basic dining needs.
- A well-equipped kitchen can significantly enhance the guest experience and make the space feel more like home.
6. Mountain Views and Natural Ambiance
- If possible, highlight properties with mountain views or panoramic views through large windows.
- Use native plants and outdoor decor to blend the property with its natural surroundings.
7. Pet-Friendly and Family-Oriented
- Consider adding pet-friendly features and amenities to cater to a broader range of guests.
- Include family-friendly amenities such as game rooms, extra beds, and fenced-in areas for kids and pets.
8. Attention to Detail
- Add small touches like plants, mirrors, and decorative items to liven up the space.
- Ensure the property is clean, well-maintained, and reflects a high level of care and attention to detail.
9. Neighborhood Considerations
- Choose neighborhoods that are centrally located and offer easy access to local attractions, shopping, and restaurants.
- Areas near popular spots like Fort Huachuca and Ramsey Canyon Preserve can be particularly appealing to guests.
10. Balancing Budget and Quality
- Be mindful of your budget but prioritize quality over quantity, especially for key statement pieces.
- Splurge on items that will make the biggest impact on the guest experience, such as the living room furniture or outdoor amenities.
Discovering Sierra Vista, Arizona: Local Attractions and Insider Tips
Local Attractions
Historical Sites
- Coronado National Memorial: Commemorates the 1540 expedition of Francisco Vásquez de Coronado. Located on the Mexico–United States border, it offers a historically significant overlook at Montezuma Pass and is a testament to the ties between the U.S. and Mexico.
- Fort Huachuca: A U.S. Army post with a rich history, now incorporated into the city of Sierra Vista. The Fort Huachuca Museum is a must-visit for history enthusiasts.
- Murray Springs Clovis Site: A National Historic Landmark featuring archaeological evidence of Paleo-Indian presence over 11,000 years ago.
Natural Attractions
- Brown Canyon Ranch: A historic ranch with preserved buildings, including a ranch house, adobe storeroom, and wooden corral. It also features trails and the Brown Canyon Cemetery.
- Miller Peak: The highest elevation in the Huachuca Mountains, offering panoramic views and a short climb to the summit.
- Ramsey Canyon Preserve: Known for its diverse flora and fauna, this preserve is a great spot for hiking and nature observation.
- San Pedro Riparian National Conservation Area: A protected area along the San Pedro River, ideal for birdwatching and exploring the natural beauty of the region.
Entertainment
- Cinemark Sierra Vista 10: A state-of-the-art cinema offering the latest movie releases and classic films. Perfect for a night out or family entertainment.
Insider Tips
Outdoor Activities
- Hiking and Cycling: The Huachuca Mountains offer numerous trails, including the Arizona Trail and Bathtub Spring, which are great for hiking and mountain biking.
- Montezuma Pass: A significant point on the U.S.-Mexico border and the southern terminus of the Arizona National Scenic Trail. It provides a unique hiking experience.
Local Culture
- Art in the Park Festival: If visiting in the spring, check out this festival, which benefits the Huachuca Arts Association and offers a glimpse into local art and culture.
- Historical Tours: Take guided tours of the historic sites and ranches to get a deeper understanding of the area's rich history and cultural significance.
Practical Information
- Dining and Shopping: The Mall At Sierra Vista is a convenient spot for shopping and dining needs.
- Accessibility: Sierra Vista is accessible via Arizona State Routes 90 and 92, and the city is close to several border crossings, including Naco in Sonora, Mexico.
By sharing these attractions and tips, you can help your guests make the most of their visit to Sierra Vista, Arizona, and enjoy the unique blend of history, culture, and natural beauty the area has to offer.
Practical Tips to Run a Successful Short Term Rental Business in Sierra Vista, Arizona
To ensure the success of a short-term rental business in Sierra Vista, Arizona, several practical tips can be implemented:
Noise Regulations and Guest Communication
Inform guests about quiet hours and noise regulations to maintain a peaceful environment for both the guests and the neighbors. Include this information in the digital and physical house manual to set clear expectations.
Comprehensive House Manual
Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from appliance usage to emergency contact information, ensuring guests have all the necessary information at their fingertips.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the smart lock and any other relevant entry points.
Parking Instructions
Include parking instructions with photos in the house manual to help guests navigate parking options easily. This can prevent confusion and ensure that guests park in designated areas, respecting both the property and neighboring residences.
By implementing these strategies, you can enhance guest satisfaction, reduce potential issues, and maintain compliance with local regulations, such as noise ordinances, thereby contributing to a successful and hassle-free short-term rental business in Sierra Vista, Arizona.
Here is a brief list of house cleaning, repair, or maintenance providers in Sierra Vista, Arizona:
House Cleaning Services
- SV Professional Cleaning: Offers professional maid services, carpet cleaning, tile, and grout cleaning in Sierra Vista and the surrounding areas.
- Various Providers Listed on Care.com: Includes multiple affordable house cleaning options starting at $17.60/hr, with listings based on rates, reviews, and experience.
- Top 10 Best House Cleaners on Angie's List: A list of highly-rated house cleaners in Sierra Vista, AZ, with real reviews and ratings.
Other Cleaning and Maintenance Services
- Thornhill Cleaning Services, LLC: Provides cleaning services and pressure washing, with a BBB Rating of A.
These providers cover a range of cleaning and maintenance needs in the Sierra Vista area.
Short-Term Rental Management Fees in Sierra Vista, Arizona: A Breakdown of Costs and Services
In Sierra Vista, Arizona, the fees for managing short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as those offered by GoSummer, include comprehensive services like guest communication, marketing, pricing, and maintenance, which generally fall on the higher end of this range, often starting at around 20% of the revenue.
On the other hand, basic services provided by property management companies like Sierra Vista Realty or SMS Realty and Property Management may charge lower fees, often around 10% of the gross rental income. These services might include rent collection, tenant screening, and basic maintenance, but may not encompass the full spectrum of services offered by full-service providers.
Additionally, hosts may incur extra fees for cleaning, repairs, and design services. For example, cleaning fees are often charged to guests but managed by the property management company, and consumable item fees can also apply to ensure the property is always guest-ready. Understanding these fee structures is crucial for property owners to optimize their revenue and ensure their properties are well-managed.