Photo 1 of 1
$102,500
Sold on 2/03/12
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,193.58 |
1983 |
|
On the market:
233 days
|
View full details, photos, school info, and price history
NO VISITS WITHOUT APPOINTMENT—DO NOT DISTURB TENANTS. Offered as part of a portfolio- see MLS #4602336 & 4602351. Pride of ownership property. 11.32% CAP RATE USING LIST PRICE AND 2011 YTD ACTUALS.
Pride of ownership property. Well maintained units offer tile and contemporary amenities. There is restricted access with gated entry. This fully occupied 4-plex borders downtown Phoenix in a dynamic rental sub-market. Surrounded by employment, shopping, entertainment, sports venues and the valley freeway system, this spotless income property enjoys strong historic occupancy. Also, this downtown-west rental sub-market has one of the LOWEST average vacancies in town– 6% !! Enjoy a 11.32% CAP rate with this turn-key investment.
