5749 N 8th Pl., Phoenix, AZ 85014

Casa Oro consists of 7 units, all two bedrooms with 5 two-bed / one-bath and 2 two-bed / two-bath floorplans. Each residence has its own private storage unit. The property also features two separate laundry rooms for additional income. Units are all individually metered for electricity and have been well maintained over the years. Given the location and unit mix, this property is constantly fully occupied. The interiors are in good condition, but offer a great value-add opportunity through modernization / updating and adding washer / dryers. This property offers a buyer a unique opportunity to add value through bringing the rents up to market rate and continue to maintain / operate it, or do substantial upgrades and really push rents to a level that this submarket would support.