Description
Value add 4plex in North Central Phoenix! Long term tenants with extremely low rents compared to the current hot rental market. New ownership can realize immediate cash flow and value gains by doing a refresh on three of the interiors. 1982 constructed building with a fantastic unit mix: One - 3 bed / 3 bath (very rare to find a 3/3 in town!), Two 2 bed / 2 bath units and one - 1 bed / 1 bath. Tenants love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each standalone building in the community has 4 covered parking spaces and additional uncovered spaces.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Information
Description
Value add 4plex in North Central Phoenix! Long term tenants with extremely low rents compared to the current hot rental market. New ownership can realize immediate cash flow and value gains by doing a refresh on three of the interiors. 1982 constructed building with a fantastic unit mix: One - 3 bed / 3 bath (very rare to find a 3/3 in town!), Two 2 bed / 2 bath units and one - 1 bed / 1 bath. Tenants love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each standalone building in the community has 4 covered parking spaces and additional uncovered spaces.
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