Apartments For Sale
2,737 Sq Ft
Turnkey affordability in Arcadia Lite! AIM is pleased to offer the newly renovated Arcadia Verde Triplex at over a 6% cap rate! All of the heavy lifting has been done with beautiful new kitchens, baths, flooring, etc. Kitchens feature new cabinets with granite tops, backsplashes, and new stainless appliance packages. All units are very large two-bedrooms and one of them has two baths! They are 100% occupied and leased out at healthy rents with one-year leases. A new owner can simply step into a great location with stable cash flow and nothing to repair or renovate. This central Phoenix location is hot, with renovation and redevelopment all around! Folks want to live near the shopping and entertainment Arcadia Lite affords. The owner pays water/sewer/trash; tenants pay electric and gas. Each unit has a private back yard with W/D hookups, and there is ample off street covered parking.