204 N Cactus Rd., Apache Junction, AZ 85119

204 N Cactus Rd., Apache Junction, AZ 85119
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$410,000
Sold on 6/29/12
Beds Baths Sq. Ft. Taxes Built
0.00 0 $3,798 1980
On the market: 122 days
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This is a 13 unit community on 2.5 acres in a park like setting. It consists of 4 duplexes, 1 fourplex, a manufactured home, freestanding laundry and a pool. There are development plans for the vacant portion of the lot that include an additional fourplex and additions on several duplexes . The current owner has renovated the property and it is fully rented with most tenants on long-term leases. There are several units with leases expiring soon which should provide an opportunity for increases in monthly rents. Income and expenses are actual and supplied by the owner. Assessor address is 204 N Cactus Rd. Street and Postal address is 288 N Cactus.
Listing courtesy of Scott Bartlowe, Better Homes & Gardens Real Estate SJ Fowler