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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1:59

In this short discussion, Tommy Dobczyk and two colleagues walk through a real‑estate opportunity near the Scottsdale airport. The building consists of an upstairs area planned for co‑share office rentals (dubbed Club Scottsdale Part 2) and a downstairs blank space that houses a garage capable of holding 66 cars. They outline a revenue model that combines exotic‑car storage ($648,000 annually), executive office rentals ($806,000), and a black‑car service for airport travelers, projecting roughly $1.8 million in annual revenue against $977,000 in operating expenses. Financial metrics are examined: at a $7.9 million purchase price the cap rate is 11.5 %, while a $10 million all‑in scenario still yields a 9.1 % cost yield. The team notes that the car‑storage revenue was originally based on 35 cars and would need to double for full capacity, and they discuss financing hurdles—DSCR is at breakeven, making the deal unfinanceable without interest‑only loans or additional equity. Tommy mentions keeping some upside (e.g., $75,000 bonus revenue) off the paperwork to use as leverage with lenders.

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. Oh, it needs to be doubled if you're going to do 66.
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 $75,000.
Right. And they go, oh, so the DSCR on this is breakeven.
Says it's not financeable without interest only or more equity. Right.