The Coolidge Apartments are comprised of 2 parcels & 6 buildings, housing (11) 2 BEDROOM units & one studio unit** All individually metered for electricity & ALL with A/C's (most units have newer HVAC's)* The five duplex buildings are ALL 2 bedroom units with updated electrical, individual yards, ATTACHED storage,*TENANT FAVORED PRIVATE driveways & CARPORTS allowing tenants to park RIGHT NEXT TO THEIR UNITS & unload groceries directly into the kitchen! These amenities help keep TURNOVER to a minimum! The current rents are under market as the above features are being overlooked by the management HOWEVER occupancy has always been excellent! Tenants are responsible for their own electric/gas expenses Owner pays water/trash. Buyer to verify ALL items of concern prior to end of due diligence
Age: Over 50 Years Old
Appliances: Oven, Refrigerator
Architecture Style: Other
Cooling System: Heat Pumps
Exterior Type: Stucco
Floor Covering: Carpet, Tile - Ceramic, Vinyl
Heating Fuel: Electric
Heating System: Heat Pump
Parking Type: Assigned, Carport, Paved or Surfaced
Wow seller is motivated bring your offers now!!!!12 Units portfolio sale. 3 four plexs lined up together with covered parking! 100% Occupied 9 1 bedrooms and 3 2 Bedroom one bathe units.These units are very close to freeway as well as Grand Canyon Universty. These units can be purchased with residental financing. Seller has done many repairs to propertywith newer electric wiring, plumbing, and dual pane windows. Tile in all units and all units have central air. APN'S ARE 154-16-006A, 154-16-005B, 154-16-005C. Drive by only all facts and figuers are approximate buyer verify MLS info
This a solid performer! Six units on one lot - a single family home with 3 bedrooms, 3 two bed units, 1 one bed unit and a studio! That's the best unit mix! Nicely maintained! Buyer to verify all items prior to end of the due diligence period.
Check out the opportunity...SEVEN TWO BEDROOM UNITS WITH 800 square feet each and includes a great community POOL! Other advantages include all-Saltillo tile flooring, newer appliances (replaced in 2011), Upgraded windows, New Roof in 2011, excellent maintenance records, parking lot and good laundry income. CAP rate of over 7% with value add and a recapture return of less than 15 years. Current owners have made numerous capital improvements and this property is ready for any investor. Professionally managed can be continued -- we have the pro-forma budget that proves the numbers!
4 plex, block construction, with 2- 3 bedroom 1 bath units and 2- 2 bedroom 1 bath units. 3 of the units remodeled. All units have separate storage units. Do not disturb tenants or walk the property. Buyer can walk units once offer is accepted.
Excellent opportunity to purchase newer 1980's built Four-Plex in nice area, with great cash flow and upside in value. Each unit has 2 bedroom/1 bath, with an extra sink/vanity. The two bottom units have fenced in private backyards, and each unit has its own front deck with sliding doors. The complex is secure with fenced in front courtyard area with ample private parking. The bottom units have all ceramic floors and the top units have ceramic floor and carpet in the bedroom. The complex is next to the canal for close access to walking and biking. The building and the units are in great shape.
Cash Cow Investment property-this property consists of 1-3bedroom single family home built 1947 and 2 duplex properties built in 1977 and 1980-ALL UNITS CURRENTLY RENTED-property has been fully rented since owner purchase 3 years ago-All buildings have A/C units-3 of the A/C units are newer within last 3 years-All buildings have new roofing June 2015-Electrical panel has been updated-Sewer piping has been repaired-2 of the 4 Duplex units are government subsidized rent arrangements-INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION AND MATERIAL FACT-Proof of Cash Funds or Financing must be submitted with all offers to be considered a viable offer.
Triplex, Fully Rented... Tenant pays Elec + Gas, Owner pays water... Each unit is 2bd/1bath. aprox 900 sqft ea.mostly ceramic tile thought out. All 1 level in 1 building, Block cnst.Ceramic and Vinyl floorig, Laundry hook ups in every unit; APPLIANCES belong to the Tenants., At this point Owner prefers to sell this property with SELLER Financing at 7% Int. amortized at 30 yrs. ballon in 15 with only $35,000 down.(WILLING TO NEGOCIATE TERMS/$DOWN :)note: FINANTIALS WILL BE PROVIDED ASAP.,
Wow Seller is motivated bring your offers now!!! Fully rented apartment building with 3 one bedroom units and 1 two bedroom unit. Low maintenance on large fenced lot with laundry rooms and covered parking. Block walls, tile floors. Electric lines, plumbing, windows.Laundry rooms have leased income producing coin operated appliances. This is one of 3 identical buildings. Tile in all units and all units have central air. APN'S ARE 154-16-006A, 154-16-005B, 154-16-005C. For a total price of $499,000.00 Drive by only all facts and figuers are approximate buyer verify MLS info