7.2 CAP - $46,910 a Door - $49.98 PSF - 31% 3b2b!! Las Casitas a Family oriented Community, renovated between 2011- 2013 features some of the largest units in the market (avg 948 sf) with both townhouse-style and single level floor plans. All 159 units at Las Casitas have been upgraded with new efficient 0.8 GPF toilets, new low flow shower-heads and aerators, plus energy efficient CFL lighting. New faux hardwood vinyl flooring and new carpet have been installed in most units. The unit mix consists of 29% one-bedroom, 40% two- bedroom and 31% three-bedroom units. Barcelona Middle School is directly across the street and Glenn F. Burton Elementary one block from the property.
Multifamily investment featuring consistently high level of occupancy and generating strong cash flow in the historically strong rental market. Solid construction, durable pitched tile roof, individually metered for electricity. Spacious units perfect for growing students and young professional population - 2 x studio units and 2 x 1 bathroom / 1 bedroom units with rents in the $625 - $640 range per month. Subject property is conveniently located in close proximity to multiple employment, retail and entertainment hubs only minutes away from I-10 and Light Rail station. Please call Jim Stockwell for additional details. Depending on the buyer's circumstances this property might be eligible for 1031 Exchange.
CLEAN!!! UPDATED!!! 100% Occupied!!! This 7-plex includes two parcels totaling 16,494 SF at 2218 and 2222 E. Polk Street. Rental units include a 1-story 2 bedroom 1 bath house, a 1-story duplex with studio apartments, and a 2-story 4-plex of 2 bedroom 1 bath apartments. All of the apartments are freshly painted and have new roof, new HVAC, new windows, new cabinets and appliances, wood-like vinyl flooring, new doors, security doors, and updated bathroom fixtures with tile showers or bath tub surrounds. The house also has new windows, wood-like vinyl flooring, an updated bathroom with tile tub surround, new doors, security door, and fresh paint. The exterior has 2-tone paint and minimal desert landscape for low maintenance. All units are heated and cooled by electric heat pumps and are individually metered. Includes two parcels APN 116-01-068 (House and Duplex) and 116-01-070 (4-Plex). Property is under new management. House tenant pays utilities different from apartment tenants.
$615,000Size Upon Req.
12% Cap Rate with a 25% Return on 2015 Numbers! / 25% Down to a New Loan. Clean 37 Space MHP with Nice Home & Office / City Services! / 18 Park Owned Homes / 5.78 Acres +/- with Room to Expand / $125K in Recent Improvements / Great Cap Rate & Huge Upside! Additional Property: The Willcox Laundry - available at 10.6% Cap Rate - just $275K OWC! For a complete package contact the Broker.
$3,225,000Size Upon Req.
A 9.9% Cap Rate & 15% ROI! Quality Snowbird Park with 170 RV Spaces and 69 Mobile Home Spaces on 22 acres +/-. Additional 15 acres for expansion / development. Good Sam Rated 9.0/9.5/7.5!
OWNER WILL CARRY AT 5% INTEREST ONLY FOR UP TO 3 YEARS WITH 25% DOWN PAYMENT!! Same owner for 24 years!! Desert Sands was built in 1981. It has a attractive unit mix of 48-2 bedroom, 32-1 bedroom & 12-studios. Most units have washer/dryer hookups and balcony/patio. The property has lush landscaping and offers a pool and laundry facilities for the tenants. The property is fully stabilized, has newer roofs, fresh paint and remodeled units. The complex is always fully rented and is prime for a rent increase. Great upside potential!
Fantastic investment opportunity in a highly desirable location. Located in a nice & quiet area. Minutes away from SR51, close to Pointe Hilton, Tapatio Cliffs Resort, shopping, luxury condos, office, etc. All 2-bed/1-bath units, Well maintained and strong rental history. Call for more details!
DELANO PLACE CONDOMINIUMS, BUILT IN 1986, CONSISTS OF 32 CONDOS (2-16 UNIT BUILDINGS) OF WHICH THIS SELLER OWNS 18 UNITS CONSISTING OF TEN (10) 1BR, 1BA, 552 SQ. FT. CONDOS & EIGHT (8) 2BR, 2BA, 771 SQ. FT. CONDOS. ALL UNITS HAVE A GREAT ROOM, DINING AREA W/ CEILING FAN, BREAKFAST BAR, GRANITE COUNTERTOPS IN KITCHEN & BATHS, PREMIUM BLACK/STAINLESS STEEL APPLAINCES, REFRIGERATOR, SELF-CLEAN RANGE, OTR MICROWAVE, DISHWASHER & DISPOSAL. INDOOR LAUNDRY PAIR IN EACH UNIT. ALL CONDOS HAVE 18" TRAVERTINE TILE TO, CARPET IN BEDROOMS. PREMIUM LIGHT FIXTURES, COVERED PATIO WITH LOCKED STORAGE ROOM. EACH CONDO HAS ASSIGNED COVERED PARKING + ADDITIONAL PARKING, COMMUNITY POOL, HEATED SPA & COVERED BBQ RAMADA AREA. 100% TENANT OCCUPIED. LOCATED APPROX. 5 MINUTES FROM ARIZONA STATE UNIVERSITY, PAPAGO PARK & OLD TOWN SCOTTSDALE. LESS THAN 10 MINUTES FROM DOWNTOWN PHOENIX & CHASE FIELD. EASY 202 FREWAY ACCESS. NEW FOAM ROOF JULY 2015 W/TILE TRIM. THE ROBINSON GROUP MANAGES ALL 18 CONDOS AS WELL AS THE COMMUNITY ASSOCIATION.
Great cash flowing North Central Phoenix 4 plex. All units are large 1 bed 1 bath units. Strong tenants in place. Each unit has a private court yard. Complex also has on site laundry facility. Individual metered for electric and gas.
Singly story garden style block construction community with pitched roof apartment buildings. All units have been converted to individually metered. After undergoing exterior renovations and improving the tenant profile in 2013-2014 , this property is ready for an investor to continue the already started improvements. With the local University buying properties in the area there has been an increase in demand for rentals. Currently only 3 vacancies with waiting lists for all unit types. Laundry room is ready for washers and dryers to be installed. The property has plenty of meat left on the bone for improvement.