10 Unit Apartment Complex in Central Phoenix
Rehab in progress!
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Phoenix, 85040 |
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Cross Streets: 16th St & Broadway |
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10 units on ~1 acre parcel |
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New AC Units |
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Room to build more units |
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$7,250 Monthly - $87k Annual |
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4 - 2/1's - 6 1/1's |
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Individually Metered electric |
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PROPERTY ADDRESS: 4042 S 17TH ST, PHOENIX, AZ 85040
ASK PRICE: $700,000 fully rehabbed or $620k as is
REHAB IN PROGRESS
10 total units on ~1 acre parcel with room to build a few more. Market rents & unit mix:
$ 825/mo unit # 1 2/1
$ 825/mo unit # 2 2/1
$ 625/mo unit # 3 1/1
$ 625/mo unit # 4 1/1
$ 825/mo unit $ 5 2/1
$ 625/mo unit # 6 1/1
$ 625/mo unit # 7 1/1
$ 625/mo unit # 8 1/1
$ 625/mo unit # 9 1/1
$1,025/mo unit #10 2/1 (larger, standalone SFR will be charged more)
$7,250/MO TOTAL REVENUE x12= $87,000/year
Brandon Torraco |
HomeSmart |
8388 E Hartford Dr #100 |
Scottsdale, AZ 85255 |
602-318-9994 |
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