Tommy DobczykOpportunity Zone Advisor, OZ Wizard · Director of Development | Certified Opportunity Zone Advisor

Unlock 1.8M Yearly Revenue: Scottsdale Property Deal Explained! #shorts

8 Apr 2026 · 2 min

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1:58

In this short discussion, Tommy Dobczyk and two collaborators outline a real‑estate investment opportunity near the Scottsdale airport. The property consists of an upper floor of office space intended for co‑share rentals and a second‑floor "Club Scottsdale Part 2," while the lower level is a blank garage that could house an exotic‑car storage facility. They project annual revenues of $648,000 from the exotic‑car garage, $806,000 from executive office rentals, and additional income from a black‑car service, totaling roughly $1.8 million. Operating expenses are estimated at $977,000, yielding a net operating income that translates to an 11.5% cap rate on a $7.9 million purchase price and a 9.1% yield on a $10 million all‑in cost. A key assumption is the ability to park 66 cars, though one participant notes the original model was based on only 35 indoor and 20 outdoor spaces, suggesting the revenue could be doubled if the larger capacity is realized. Financing concerns arise because the debt service coverage ratio (DSCR) is at breakeven, meaning the deal may require interest‑only loans or additional equity to be bank‑financable. The conversation mixes enthusiastic presentation of the concept with cautious discussion of assumptions and financing hurdles.

Are you in the deal room?
In like the 3 minutes that you were introducing this deal. So can you give me a quick, like, one sentence of what this deal is about? So it's this building. Tristan found this. It's over by the Scottsdale airport. It's an executive airport. And so it's this building here. This is, this is upstairs. So it's all a bunch of offices and stuff, which I want to do the co-share renting. We want to have this be Club Scottsdale Part 2. And then downstairs, it's a blank space basically. And what we want to do right here. So imagine nothing there. It's all blank, but there's a car garage there.
So garage door comes in, cars can be parked right there and a garage door right there.
Here we figured out we can park 66 cars inside of here. And so we started doing the revenue model on it. So exotic car garage brings in $648,000 a year, executive office space $806,000, and then the black car service because we're right across from the airport. So basically it would generate $1.8 million a year. But so we're still looking at— so a total of—
total operating is $977,000.
So on a purchase of $7.9, our cap rate is 11.5. So we're looking at 9.1% yield.
And that's on a 10 point— if you go back out, that's on a $10 million all in. On a $10 million all in with that, it's still at a 9.1% cost yield.
Well, and the car— this— the revenue for the car storage was only based on 35 cars.
Correct.
35 inside and 20 outside. So it needs to be doubled if you're going to do 66.
And again, I won't tie that into the paperwork because I want that to be bonus money. Right. Yeah. So when the bank's like, oh, you don't make enough, I go, oh, shit, I did the paperwork wrong. It's actually 75.
Right. And they go, oh, so the DSCR on this is breakeven.
Says it's not financeable without interest only or more equity. Right.