Size Upon Req.$235,000
THE INSIDE OF THE PROPERTY WILL BE SHOWN ONLY TO PROSPECTIVE BUYERS WITH A SIGNED AGREEMENT TO PURCHASE THE PROPERTY. TENENTS WILL NOT BE DISTURBED DURING THE LISTING PERIOD. BUYERS TO VERIFY SQ. FOOTAGE, UTILITIES AND FLOOD PLANE.
Size Upon Req.$200,000
Investment opportunity. 4 units, 2 upstairs & 2 downstairs. All units are 2BD 1BA, large very open kitchen & living area. Pantry, spacious countertops & cabinets. All units have central heat & air conditioning. Well maintained building with mature easy care landscape all on a drip system. Laundry facility in the neighboring building that is for use for all 3 buildings. As of 3/12/14 there is a vacant unit so easy to show. Call agent for more information.
Marcus & Milllichap are proud to bring to market the Gran Jardin. With over $850,000 in renovations, this asset with pitched roofs, block construction, and gated access provides an investor with a solid cash flow with low over head. Brand new copper plumbing, electrical wires, roofs, kitchen appliances and cabinets are just a few of the major renovations that took place. The property has been 100% occupied since the renovation in 2012 and continues to operate very smoothly.
Exclusive investment opportunity to purchase two story freestanding office building in the highly desirable Central Phoenix, Arizona submarket. Built in 1980, the building is made of block construction, wood/steel frame with flat roof. Building is individually metered for electricity (5 separate meters). The property has an excellent suite mix with spacious well designed floor plans and balconies overlooking the canal on the south. Depending on the buyer's circumstances this property might be eligible for 1031 Exchange, as well as 401k and IRA financing.
This long established mobile home park contains 13 well maintained park owned mobile homes and a 428 sq. ft. block rental building. There is also a two car garage/office/shop. The park has an onsite manager. The 2013 annual vacancy factor was 2.13%. The 2013 cap rate was 8.83%. The owners are implementing gradual rent increases. There are some advantages in owning a property with park owned mobiles over owning apartments. First, taxes are lower because mobile homes are taxed as personal property. Second, mobile homes can be depreciated over 10 years vs 27.5 years for apartments. When a unit wears out there is generally a good selection of used mobile homes available to replace it. The owners will accept cash or new financing, or will carry with 35% down and the balance @ 6% amortized over 20 years with a 10 year balloon.
This apartment complex is the perfect addition to any investor looking to expand their portfolio in Phoenix. The owners have taken meticulous care of the property which is evident through the pristine landscaping and condition of the building. The owner has recently replaced most AC units and has added a storage shed in the back of the building for maintenance and landscaping equipment. The property is 100% occupied with long term tenants dating back to 1997. The Zero-Scape landscaping requires no water and has proven to be extremely easy to maintain. Electricity is individually metered.
Size Upon Req.$2,300,000
PRICED REDUCED!!! Cottonwood and Esperanza are adjacent, all age, Manufactured Home Communities located on the south side of Tucson, AZ. Cottonwood MHP is comprised of 65 spaces and a single family house. Esperanza MHP has 17 spaces. Both properties are on city services. These properties are clean and well maintained with no deferred maintenance. Amenities include a swimming pool, office and laundry.
Great investment opportunity! Income producing du-plex centrally located in this historic yet up and coming art district. Fully occupied with a 10% CAP Rate. Solid brick construction, each unit with their own huge private backyard, laundry facilities and electric meters. Recently renovated with new central AC & Heat 2 separate 2 ton units, updated interiors with tile floors, two tone paint, updated vanities, new windows and more. Walking distance to great antique shops, restaurants and more.
Size Upon Req.$295,000
FOR SALE BY OWNER at land value 5+/- acres... 35 grandfathered old Mobile Home/RV park with 3bdrm House. CASH COW Priced as is, for fast sale due to the need of funds. Park has positive cash flow, priced for quick sale -.Please Do Not Disturb Occupants - Call owner at 310 920-4433 for info. and to set up an appointment with manager for showing.
Duplex 1/2 block from U of A. Updated electrical and plumbing. Dual Pane Windows. Large parking lot. New roof with 5 year warranty. New stucco and paint. Hardwood floors throughout. Vaulted ceilings. Room to build additional bedrooms and bath within existing square footage. 3 bedroom and large 1 bedroom currently rented. Newer heat/ac units on roof. Additional profit from renting parking spaces.