Photo 1 of 1
$389,000
Sold on 6/16/17
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,860 |
1957 |
|
On the market:
113 days
|
View full details, photos, school info, and price history
8%+ Cap Rate! Well operated, turn-key 8 unit apartment complex in the heart of North Phoenix. Gated community with 7 one-bedroom units and 1 two-bedroom unit with steady long-term tenancy. The rents are increases $50/unit year-on-year. There is a fully equipped trailer home on-site, included with the property for a onsite Manager Suite or storage facility. The lot is 1/3 of an acre and has redevelopment potential. Ideal 1031 Exchange property.
Listing courtesy of Samir Sawhney, XCD Realty & Property Mgmt
