Photo 1 of 1
$191,500
Sold on 1/31/17
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$870 |
1981 |
|
On the market:
63 days
|
View full details, photos, school info, and price history
Looking for a value-add opportunity in the East
Valley? This solid performer is located near
downtown Chandler in a high demand rental area
with lots of employment nearby. It features two 1-
bed and one 2-bed units with individually metered
electric. The building has a newer roof and newer
evaporative coolers. Each unit has an individual
storage closet, one of which is plumbed for use as a
laundry. For a great value-add play, install AC units
and increase the rents an extra $100. At $3500 per
AC installation, that's well over a 30% return on your
construction dollars and a hefty increase in your cap
rate! See marketing flyer in Documents tab. Priced reduced for a quick sale. Great 1031 exchange opportunity!
Listing courtesy of Mark Skelpsa & Terry Kass
