3625 W Bethany Home Rd., Phoenix, AZ 85019

Bethany Apartments is a 30-unit apartment community on 1.76 acres in the Central West Phoenix sub-market. Recent improvements include many of the A/C units replaced as well as all roofs. Many of the interior units improved and most have ceramic tile throughout. Located west of the I-17 freeway and near the US-60, this property is in a well established sub-market, close to shopping and schools with plenty of transportation options. Property being sold ''As Is''. For the Investor: This property is projected to generate total rents of $ $208,127 less 15% vacancy of -$ $31,219 per year, added income of $3,204, equals $180,112 adjusted gross income. Then after projected expenses of $ $80,695 the amount an investor should pocket is $90,416 per year based on pro forma. This is a 7.95% CAP R