Located in the coveted Sam Hughes Neighborhood Historic District adjoining the University of Arizona campus. Unique complex, consisting of 7 individual cottages, shows pride of ownership in every detail from the granite counter tops and high-efficiency heat pumps to the manicured landscape. This prime property offers a great opportunity for a reliable income stream plus appreciation. Floor plans and in-depth information may be found on the rental website http://apt.qualprop.com and at the owner’s for sale website http://qualprop.com/fsbo.
Price Upon Req.8,644 SF
Property showings will be offered on Thursday, January 8th and Thursday, January 15th between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.Auction.com and Madison Commercial Properties present an opportunity to acquire a 9-unit apartment building located in Lake Havasu City, AZ. Built in 1969, the building improvements are situated on 0.59 acres and consist of three 1-story structures with a unit mix of 1BR/1BA and 2BR/1BA units. The property is located in a residential area with single family residences to the east and west, duplexes to the south and a small apartment complex to the north. McCulloch Blvd is primarily developed with multi-family uses. The subject is located less than 3 miles to the west of Highway 95 and is easily accessible. The local economy is largely supported by tourism due to the City's close proximity to Lake Havasu.
Price Upon Req.2,200 SF
***PRINCIPALS ONLY*** VARIOUS Builder Model Leasebacks 300 - 600K available thoughout AZ 9 - 10% annual lease rates! UP TO 3 YEAR GUARANTEES! with MULITPLE OPTIONS TO EXTEND. ABSOLUTE NNN LEASES - Builder pays all taxes, insurance and HOA expenses during lease. 15% DOWN MODEL FINANCING COULD BE AVAILABLE TO QUALFIIED BUYERS! approximately 1300 - 4000 sq ft. Subject to availability. Terms vary with each builder and are not guaranteed until executed in wiriting.
$1,145,000Size Upon Req.
PRICE REDUCTION AS OF 12/3/14!!! THE SELLERS HAVE AGREED TO CARRY PAPER!!! The park is comprised of 4 rental homes, 11 homes that have a contract for sale note, 13 RV sites of which 5 are year round residence and the balance of the spaces are tenant owned. The park is sub metered for water and the other utilities are direct billed. The park is on a SEPTIC SYSTEM and the owners will certify the tanks with an ADEQ inspector during the due diligence process. Down Payment $395,000.00 (34%) and the owner will carry $750,000.00 @ 6% Interest with a monthly P & I Payment of $5,500.00. Please keep in mind the sellers are wrapping (All Inclusive Note and Deed of Trust) the 2 underlying notes (copies are in my package) in which one of the notes is due in 2020, the other fully amortizes. The monthly P & I Payment of $5,500.00 cannot be lowered and here's why, the first note has a P & I Payment of $3,992.00 and the second note has a P & I payment of $1,277.00 (total $5,269.00) so the wrap payment must exceed both P & I Payments + there has to be room for taxes and insurance and misc title company fees.
Recently remodeled and 95% occupied. The Urban Casitas have been fully remodeled with new kitchens, bathroom and air conditioning units. All units are approximately 620 sf and comprised of two bedrooms and one bath full bath. Eight Garden style, single level, masonry duplex structures. Each unit has its own private patio and off street parking space. Rents currently lag behind the average market rent of $588,00 per month.
El Descanso represents a unique opportunity to purchase as fully occupied property that has recently under-gone extensive improvements allowing for a new upgraded tenant profile and stabilized occupancy. As a result of the extensive improvements and effective Management, El Descanso has maintained an occupancy above 92% for the last 4 months. The present Owner is motivated to sell the property to a long term investor who can enjoy the upgraded property.
" Urban In-fill " Multi-Family Re-Development Opportunity. " .43 Acres " Current Zoning Allows 7 Units " Spectacular Views of Downtown Skyline, " Overlooking Major City Park " Access to I-10 & I-17
Fully occupied duplex in a great infill area close to downtown Phoenix. Easy to rent 3 bedroom 1 bathroom units. Wood frame construction, stucco exterior, built in 2007. 2 car carport, fully fenced lot, and private yards. 9.6% CAP Rate! Tenant occupied, drive by only, do not disturb tenants. Gross Income: $632 + $695 = $1327 Expenses: ($150 water) ($37.50 Insurance) ($55.79 Taxes) = $243.29 Net Income: $1327 $243.29 = $1083.71/mo x 12 = $13,004.52
Rio Santa Fe is a 312-unit garden-style apartment community located in Yuma, Arizona. The property sits on 16.8 Acres of Land with 35 total buildings. Some of the functional characteristics include individually metering for electricity, enclosed garages, two-story buildings and frame construction. Common area amenities include two sparkling swimming pools, playground for children, multi-use sport court, family picnic areas, lush native landscaping and a stand alone rental office.
ABI Multifamily is pleased to offer Moderno Apartment Homes. Moderno is a 56-unit garden-style apartment community located in Tempe, Arizona. The property is of 1987 vintage, built of solid block and stucco. The unit mix consists of 52 two-bedroom, one-bath units and 4 three-bedroom, one and half-bath units. Each unit is individually metered for electricity and equipped with dishwashers, frost-free refrigerators, large private patios-balconies with plenty of storage space. Select units have stainless steel appliances, granite counter tops, and new cabinets. The community also provides its residents with a sparkling swimming pool,on-site laundry facility, gazebo, and a controlled access security gate.