| Property 4: |
|
| Price: |
$790,000 |
| Type: |
Apartments |
| # Units: |
24 |
| Year Built: |
1978 |
| Price/Unit: |
$32,916 |
| GRM: |
6.2 |
| Est. Gross Income: |
$126,984 |
| Adj. Gross Income: |
$123,755 |
| Operating Expense: |
$44,858 |
| Net Operating
Income: |
$78,897 |
| Cap Rate: |
9.9% |
| Cash on Cash: |
12.3% |
|
Apartment Complex
Phoenix, AZ |
| Click
Here To Send Inquiry |
| Remarks: |
This attractive
apartment complex is centrally located close to
the North Phoenix Business District and the
Biltmore Corridor known for it's fine shopping
and dining establishments and upscale office
buildings. Each unit is individually metered for
electricity. Other amenities include on-site
laundry facilities, a swimming pool, and covered
parking. |
For more information about this
property please contact Jesse at:
jesse@arivest.com
or call direct
1 (602) 234-1697
|