Hill Apartments is a 14-unit garden-style apartment home community located in the Historic Avondale Art' s District in Avondale, Arizona. Built in 1980, and refreshed in 2014, Hill Apartments is a rare single-story multifamily community located in Downtown Avondale near shopping, culture, restaurants and transportation, featuring eight (8) two-bedroom and one-bathroom apartment homes of approximately 820 square feet and six (6) three-bedroom and one-bathroom apartment homes of approximately 962 square feet. Each of the 14 apartment homes includes a private rear patio. Hill Apartments is located near shopping, dining and entertainment in the Historic Avondale Art' s District. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS. PLEASE CONTACT LISTING BROKER FOR ADDITIONAL INFORMATION. THANK YOU.
The Coolidge Apartments are comprised of two parcels and six buildings, housing eleven two bedroom units and one studio unit,**** All individually metered for electricity/gas and all units with air conditioning. **** Majority of HVAC's have recently been replaced.***The five duplex buildings are ALL TWO bedroom units*** Updated electrical boxes/meters and drops*** Individual fenced yards & storage***Tenant favored private driveways and carports allowing tenants to park right next to their unit to unload groceries directly into the kitchen! **** These amenities help keep turnover to a minimum! The current rents are under market as these features are being overlooked, and consequently occupancy has always been excellent!***9.3 Cap rate on market rents*****Tenants are responsible for their own electric and gas expense. Owner pays water/sewer/trash with the City of Phoenix. PLEASE SEE ATTACHED EXECUTIVE SUMMARY for YTD actual income & expenses + proforma projections. 9.3 CAP ON MARKET RENTS**** Buyer to verify all information, building sizes and any item of concern prior to the end of the due diligence period.
Price Upon Req.2,250 SF
***PRINCIPALS ONLY*** VARIOUS Builder Model Leasebacks 180k - 2M throughout AZ and other states - subject to availability. Most are built, some to-be built. 4 - 10% annual lease rates! Typical leases go 1 - 3 years. Leaseback terms and returns will vary Builder to Builder. Some LEASEBACKS MAY HAVE MULTIPLE OPTIONS TO EXTEND. We try to negotiate ABSOLUTE NNN LEASES - whereby Builder pays all taxes, insurance and HOA expenses and other fees/costs during lease. FINANCING OPTIONS VARY LENDER TO LENDER and DEPEND UPON PURCHASE PRICE AND QUALIFICATIONS approximately 1200 - 6500 sq ft. Subject to availability. TERMS VARY WITH EACH BUILDER AND ARE NOT GUARANTEED UNTIL EXECUTED IN WRITING.
$647,500Size Upon Req.
12% Cap Rate with a 26% Return on 2015 YTD 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 11% Cap Rate - just $275K OWC! For a complete package contact the Broker.
Built in 1958, MODE By Alchemy Apartments was fully remodeled and repositioned in 2014. Interior property upgrades include in-suite laundry, polished concrete flooring, sandblasted block walls, vaulted ceilings with exposed rafters, new contemporary cabinetry, custom metal backsplashes, stainless steel appliances, porcelain tile shower surrounds with new fixtures, premium lighting, and low-flow toilets. The revamped exterior features private patios, contemporary metal monument sign, composite wood access gates with keyed entry, resurfaced asphalt parking lot, combination of grass and xeriscape landscaping and covered parking. The property is comprised of five (5) one-bedroom units and five (5) two-bedroom units. The buildings are constructed of block with pitched asphalt shingle roofs. The property is individually metered for electricity and master metered for water. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity and gas in their units, including the cost of heating and air conditioning. Disclosure: Owner/Agent. Listing Broker has an ownership position in the property.
Price Upon Req.12,800 SF
Mirage Apartments consists of 15 apartment units within four one-level residential buildings, which align in order along the street, parking lot and pool. The block and frame construction was built in 1969 and has undergone improvement and renovation over the years. The property is situated on 1.058 acres with an ample living area and parking to accommodate its tenants.The subject property also has laundry facilities, a pool, and green grass courtyards. The property is individually-metered (HVAC) for electricity, heating and air conditioning. There have been recent improvements to the property including roof repairs, full HVAC repairs and/or replacements, unit rehabilitation, exterior painting and landing improvements. The property has a nice mix of one, two and three bedroom units. This property offers a nice community living environment for its tenants. Mirage Apartments is an excellent investment opportunity as the property is nearly always fully occupied.
With over 35 percent of the Berkana on Glenrosa town home community available for purchase, this bulk town home offering consists of 19 fully occupied residences. Constructed in 2008 and fully managed by an HOA, this investment opportunity provides multi-tenant investors a lower-maintenance alternative to apartment ownership.
Fabulous Riverfront Mobile Estates with over 150' of riverfront and 150' on Hwy. 95; a 2500 Sq Ft commercial building to bring in additional income or have your own business in. Located on high traffic corner of Hwy 95 and Silver Creek RD. ***Riverfront frontage and HWY 95 frontage lends itself to a lot of possibilities and great potential***.
Upscale DUPLEX Beautiful views from upstairs unit balcony of Laughlin & Mountains. Duplex is professionally managed. Spacious 3 bedroom , 2 baths, 2 car garage units. Centrally located. Live in one unit and rent out the other! Owner/Agent
Great 7 Plex investment property. Some units newly renovated. Tile floors, ceiling fans, and plenty of windows. Units include stove/oven, lots of space, and some units with private patios. On site laundry, designated parking.