Photo 1 of 1
$85,000
Sold on 2/03/12
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,740.34 |
1985 |
|
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 portfolio- see MLS #4602320 and 4602351. Pride of ownership property. ACTUAL 13.00% CAP RATE AT LIST PRICE. Pride of ownership property. Well maintained units offer tile and contemporary amenities. Property borders downtown Phoenix in a dynamic rental sub-market. Surrounded by employment, shopping, entertainment, sports venues and the valley freeway system, the property enjoys strong historic occupancy. Also, this downtown-west rental sub-market has one of the LOWEST average vacancies in town– 6% !! Realize a 13% CAP rate and a 24% cash-on-cash return with this turn-key investment.
