Listing ID5650830
Listing Price$6,270,000
Est. Monthly Payment: $26,926.97See Details
StatusActive
CountyMaricopa
Year Built2017
Property TypeMultifamily Residential
BUILD-FOR-RENT PORTFOLIO INVESTMENT OPPORTUNITY - 22 Units offered 2017 build and Q2-2018 100% occupied. 18 - 3 bed 2.5 bath 1,850 sq ft, with 2 car garage. 4 - 3 bed 2.5 bath 1 car units 1,650 sq ft.Tenants pay all utilities. An investment with $359,000 NOI! New build means no major capital expenditures for 7-10 years. Also, units are platted as single family attached, so bulk or one-off re-sale potential in 5-7 years can add significant residual return. Area is exploding with new infill and national builders in the area like DR Horton selling-out their infill communities. Units are close to shopping, employment, entertainment, restaurants and transportation corridors.
{"zipcode": "85008", "price": "6270000"}
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© 2017 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than ReMax - Harper are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ReMax - Harper shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing courtesy of HomeSmart. Listing data last updated Monday, September 18th, 2017.

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