4329 N Longview Ave., Phoenix, AZ 85014

$50,000/unit with a Central Phoenix location in the path of redevelopment. Value-add opportunity with very strong cash flow potential. 7.22 CAP now, 9 CAP realistic pro forma. 10%+ Cash-on-Cash from yr 1. Owner has completed cosmetic upgrades to 10 of the 12 units in 2016. Almost all new window a/c's and duct work for the coolers. Per the owner, there are 10 One Bedroom units w/ average rent of $450 and 2 Two Bedroom units w/ average rent of $625. Rents are below market. Owner has held the property since 1996 and self-managed. Property consists of four separate structures on just over a 1/2 lot. Property sold ''as-is.'' Buyer to complete and rely on own due diligence, including all financials. No interior showings without an accepted offer. Please do not disturb the tenants. OM attached.