5517 N 27th Dr., Phoenix, AZ 85017

Great cash flowing multifamily. Good long term tenants with current leases in place. Nearly fully rented with a potential cap rate of 18%. Very difficult to find returns in today's market. Owner recently renovated each unit, new paint, bathrooms, water heaters, electrical. $40k in renovations. Solid block building with minimal maintenance. All 2 bedroom, 1 bath units with potential for one studio. The only building in the subdivision with all packaged A/C units. They were recently tested and serviced and in good working condition. No evap coolers. Close to I-17 freeway easy to keep leased. Please do not disturb tenants.