| Property 6: |
|
| Price: |
$4,045,000 |
| Type: |
Condominiums |
| # Units: |
60 |
| Year Built: |
1986 |
| Price/Unit: |
$67,416 |
| GRM: |
7.7 |
| Est. Gross
Income: |
$513,000 |
| Adj. Gross
Income: |
$520,626 |
| Operating
Expense: |
$145,070 |
| Net
Operating Income: |
$375,556 |
| Cap Rate: |
9.3% |
| Cash on
Cash: |
14.5% |
|
Rental Condominiums
Phoenix, AZ |
| Click
Here To Send Inquiry |
| Remarks: |
This quality
property is located in a single family
neighborhood. Each unit has an attached 2 car
garage with an individual storage room. These 2
and 3 bedroom 1,155 sq. ft. units are
condo-mapped for individual resale in the future.
Other amenities include sunken living rooms,
ceramic tile flooring, front and rear patios, and
private backyards. |
| More
Photos |
For more information about this
property please contact Jesse at:
jesse@arivest.com
or call direct
1 (602) 234-1697
|