This property is set up and ready to be used as a type of Residential Facility. Would be a great fit for anything from an Assisted Care Facility, Foster Care, or Behavioral Health Care. It is being completed with the final touches as we speak. It has a 10 unit on one parcel and a 5 unit on the other parcel. It has been taken down to the slab and built all the way back. All you need is the operator. We have a placement service for you as well if you need it. Stabilized this property has a projected yield of a 41% ROI. Call to show!See Document tabs for Floor Plans and Site PlanSold with APN 162-05-002 & 162-05-003
Age: Over 50 Years Old
Amenities: Patio, Security System, Security System
Amazing building in the heart of Phoenix and sellers are the original owners!!! All units are 2 bedroom one bath units. The pool is in the process of getting the redone and and two new drain pipes. The tenants that live at this property are all 55 plus and most have been here more then 25 plus years. The seller has everyone accept one tenant on a month to month lease at 575. One unit is onsite tenant and gets free rent for collecting rents and some maintenance. Owners self manage. There is only one year lease in place. This is perfect add on value play or even maybe a covert into a an assisted living facility. Addresses included in this sale 4002,4014,4020,4010 N 11th st over an acre total, 10,452 sq ft total building. All facts are approximate buyer verify MLS info
ARIZONA PROPERTY 7 RENTAL UNITS LOCATION!! ONLY $399,900 ALL CURRENTLY RENTED PRIME LOCATION TO ENJOY INCOME-OR FOR A NEW DEVELOPMENT-PROJECT SIMILAR TO NEW BUILDS IN UPCOMING AREA-ALREADY LUXURY APTS CALLED LEVEL ON SIXTEENTH ON 15TH ST & CAMPBELL- MINUTES TO 16TH ST & CAMELBACK LOOK TO SEE THE WHAT'S CURRENTLY AROUND CLOSE TO DOWN TOWN FOR THOSE THAT WORK THERE- BUSINESS OFFICES -FUN -ENTERTAINMENT- DIAMONDBACKS BALL PARK-ORPHEUM THEATER HAPPENING RESTAURANTS & SPORTS BARS & OTHER VENUES/CLOSE TO AZ STATE UNIV DOWNTOWN PHOENIX/SHERATON, UTILIZE RENTAL PROPERTIES DON'T MISS OUT ON THIS OPPORTUNITY PROPERTIES ARE BEING SCOOPED UP QUICKLY- NO SIGN ON PROPERTY-CHECK DOC TAB FOR UNIT DESCRIPTION-CHECK WITH CITY OF PHX FOR REQUIREMENTS TO BUILD MORE OR VERTICAL NEW..AREA PICKING UP STEAM
AN OPPORTUNITY LIKE THIS DOESN'T COME ALONG EVERY DAY. THIS 4-PLEX LOCATED IN THE VERY POPULAR CENTRAL CORRIDOR IS A GREAT AFFORDABLE INVESTMENT POSSIBILITY WITH HUGE POTENTIAL! TENANTS HAVE BEEN IN PLACE FOR YEARS AND ARE HAPPY WHERE THEY ARE. OPEN YOUR FRONT DOOR AND HEAD OUT TO YOUR OWN GATED POOL! COMPLEX NEEDS A LITTLE TLC BUT THE MID-CENTURY CHARM IS WONDERFUL. DON'T PASS UP THIS AWESOME INCOME PRODUCING INVESTMENT!
WHAT AN AWESOME OPPORTUNITY - To begin with, you get to own a Great 1938 craftsman at 1,395 sq/ft with 3 Bedrooms, 2 Baths,Private backyard. Additionally, there is a duplex with 2-1bd/1ba apts approx 750 sq/ft each that produce income and offset cost of ownership! Community Laundry Room. 2 car carport w/shed. This property is situated on a 13,416 sq/ft interior corner lot(That's a double lot, twice the size of anything in the surrounding neighborhood). Total combined living space of 2949 sq/ft (Far greater than recent surrounding comps). This property is in the heart of Phoenix with Quick and Easy access to downtown & the 51 freeway. 1 apt is currently vacant - making this property prime for owner occupied FHA financing. YOU DON'T WANT TO MISS OUT ON THIS ONE!