| Property 5: |
|
| Price: |
$1,840,000 |
| Type: |
Condominiums |
| # Units: |
30 |
| Year Built: |
1984 |
| Price/Unit: |
$61,333 |
| GRM: |
6.9 |
| Est. Gross
Income: |
$266,460 |
| Adj. Gross
Income: |
$260,354 |
| Operating
Expense: |
$97,437 |
| Net
Operating Income: |
$162,917 |
| Cap Rate: |
8.9% |
| Cash on
Cash: |
12.3% |
|
Rental Condominiums
Glendale, AZ |
| Click
Here To Send Inquiry |
| Remarks: |
These large 2 and 3
bedroom rental units are all individually metered
for electricity, and offer a variety of amenities
including dishwashers, washer and dryer hook-ups,
private balconies, and patios with enclosed
storage areas. This stable community has
attracted many tenants who have become long term
residents. This property is for the buyer who
desires an upscale , pride of ownership property
- yet wants a good cash on cash return. |
For more information about this
property please contact Jesse at:
jesse@arivest.com
or call direct
1 (602) 234-1697
|