Fractional ownership is a glorified time share.
Many buyer think they are buying the entire home for this price when they are actually only buying
The money is made from the "Maintenance fees" you have to pay 905.00 per month X 7 equals 6,335.00 per month for the person who organized this deal.
Hope this helps.
Terry S. Smith
Scottsdale Luxury Specialist
45 Year AZ Resident
DPR Realty LLC
8341 E. Gelding Drive
Scottsdale, AZ 85260
Contact me Direct (602) 763-1858
Office (480) 994-0800
Otherwise, below is a link to the full MLS listing for this property.
If you were working with a buyers agent, they could show you this plus help you filter ' sort through the mountain of inventory there that is available. Thes best part, most of the time & with the majority of agents it won't cost you anything for their services.
Bring your investors buy the entire unit then sell it off in 1/7th shares. Please contact if you would like any further information.
Tammy Seymour 480-586-0377
Contact your Realtor : ) In the meantime some details from the listing are here for you. If you need help, call me.
27440 N Alma School PKWY 33-4 Scottsdale, AZ 85262 $200,000
Beds/Baths: 3 / 3
SF: 3,014 / Builder
Year Built: 2005
Approx Lot SqFt: 271 / County Assessor
Apx Lot Size Range: 1 - 7,500
Level: Single Level
Dwelling Type: Patio Home
Subdivision: The Rocks
Tax Municipality: Scottsdale
Marketing Name: The Rocks Club
Planned Cmty Name: The Rocks at Troon North
Model: Hacienda Villa
Builder Name: Monarch Luxury
Hun Block: 11000 E
Map Code/Grid: H38
Ele Sch Dist: 000 - Out of Area
Elementary School: Other
Jr. High School: Other High School Dist #: 000 - Out of Area
High School: Other
Cross Streets: Pima & Happy Valley Road Directions: Pima Rd. north to Happy Valley Rd. Right on Happy Valley Road to four way stop. Left on Alma School Pkwy. The Rocks is located next to the Four Seasons Hotel and Resort.
Public Remarks: Located at the base of Pinnacle Peak w/incredible views of Pinnacle Peak and Troon Mountain, The Rocks offers upscale, exclusive fractional ownership vacation villas. Fully furnished & with old world character, The Rocks gives equity ownership with amenties usually associated with Four Star resorts--Bell staff, Concierge, Spa, Chef,etc. Owners have privileged access to some of the areas finest golf courses and exchange of vacation weeks with other Timbers Resorts properties (Snowmass and Steamboat,CO; Cabo San Lucas,Mexico; Tuscany region,Italy; Botany Bay, U.S. Virgin Islands;Doonbeg, Ireland; The Orchard at the Carneros Inn, Napa, CA; Rancho Valencia, San Diego, CA, & w/ more locations coming. This listing is for villa 33, fractional ownership #4.
Master Bedroom 26 16
Bedroom 2 26 15
Bedroom 3 14 14
Kitchen 14 14
Living Room 25 16
Keller Williams AZ Realty