441 E Peppertree Ave., Apache Junction, AZ 85119
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$222,500
Sold on 4/25/16
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,472 1982
On the market: 95 days
View full details, photos, school info, and price history
This is a 4 Plex that CASH FLOWS at list price with current tenants in place generating around a 9.8% cap rate. Fully occupied, in a great family friendly neighborhood near US60. All units are highly desirable first floor 2 bedroom 1 bath open floor plan models and individually metered for electricity with washer/dryer hook ups inside. Two of the four units have quality long-term tenants (14 years and 3 years). The remaining tenants are on 12 month leases. Two units have been remodeled with 17'' tile. One unit has granite counter-tops and tile shower. New roof and AC's about 4 years ago. Buyer to verify all fact and figures. Great investment opportunity. Owner/Agent.
Listing courtesy of Eric Bailey