South Phoenix multifamily 8 unit investment property spread out over four separate two level/2 unit buildings. This residential neighborhood is under three miles to highways I-10,I-17 and US 60 as well as Sky Harbor Airport and a mile to The Legacy Golf Resort. Each unit has been completely renovated in the past 5 years including roof, windows, fixtures, dry wall, appliances and individual A/C units. On site designated parking. This property projected total rents of $55,200 less 5% vacancy of -$2,760 per year so $52,440 adjusted gross income. Then after projected expenses of $22,531 the amount of an investor's projected income is $29,909 per year based on pro forma. This is a 7.18% CAP Rate. More financial info in docs tab.
WOW Seller is motivated!!! This is a portfoilo sale!!! 2725 &2723 Southgate and 2806 E Atlanta a total of 11 units. Seller can sell together or apart. All rents are 550 to 600 this is a steal over 13% cap if self managed. All units are 2 bedrooms and 3 bedroom units!!! All facts and numbers are approximate buyer verify MLS info. Drive by only
What a cash cow!!! Bring your offers now seller is very motivated to sell!!! 7 units on one lot a 4 plex in front and a 3 plex in back. Fully rented 100% all 2 bedrooms and 3 bedrooms units!!! Rents are all 500 to 575 a month. Your buyer will get a great return on investment. Over a 13% cap if self managed. All facts and figures are approximate buyer verify MLS info. Drive by only. Seller is also selling 2806 e Atlanta with high returns for $140,000.00 4 plex
WOW seller is motivated bring your offers now!!!! Unit mix is 8 1 bedrooms and 2 studios. Needs rehab and work. A lot of upside for this price. This property is completely vacant. Showings with qualified buyers and offers. All facts and figures are approximate buyer verfiy MLS info
Great investment property. Two 3-Bedroom 2.5 bath units. Great Phoenix location. SOLD IN AS IS CONDITION WITH NO SPDS OR CLUE REPORT. Buyers to verify all facts and measurements. HURRY THIS ONE WILL NOT LAST!!! Renters are in place. Seller may carry.
Four-plex with three 3BR and one 2BR unit, plus large storage room on South side that owner uses for maintenance items(has plumbing- possibility of converting it to laundry facility in the future). 3 long term tenants at discounted rent $500/mo, 4th one just moving in on new lease for $550/mo.Owner will be making improvements of exterior paint and trim,soon.Large parking area for about 8 cars.This has been very stable investment with practically no vacancies in the last few years.No HOAOwner manages and maintains units personally.
10+ CAP!!! Here's a great opportunity to own a cash cow! Block construction and desert landscaping for low maintenance costs! All 2 bedroom units with plenty of parking! Buyer to verify all items during the due diligence period.
Look at that CAP Rate!!! All 2 bedroom units! Two duplexes on one lot! Rear duplex built in 2004! Plenty of parking! Low maintenance desert landscaping Newer Electric and HVACs! Easy to rent! Buyer to verify all items during the due diligence period.
ZONED R-3Investment Multi-Unit opportunity. 3 separate units MTM renting for $550,$550, and $500. No showings until accepted offer. buyer to rely on own due diligence in determining cash flow.Drive by only.
Two detached residences, both with 3 bedrooms and 2 bathrooms, rented and cash flowing. Good tenants and recent improvements make this a solid investment. Buyer can investigate the potential to split lot too. No common walls, good parking, good location and private backyards make these attractive rentals. Low operating expenses provide good cash flow.