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11350 W Tennessee Ave
Youngtown, AZ 85363
Building 9 Mountain View · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.14 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1986/2014
Parking Ratio 1.92/1,000 SF
Zoning C-1, Youngtown

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range
  • Grill

Site Amenities

  • Walking/Biking Trails
  • Public Transportation

About 11350 W TENNESSEE AVE , YOUNGTOWN, AZ 85363

*Sold for $258,000 with conventional financing on 7/20/18* All large 2 bedroom units! Quiet location on a cul-de-sace in the far west valley area of Youngtown/Sun City. Near Banner Hospital (Boswell Campus) with many owner-occupant homes adjacent. Solid rental area. Building #9 in a small community (Mountain View) that rarely comes available for sale with no HOA fees. 3 of the 4 units were extensively remodeled a few year ago with new cabinets, granite counter tops, sinks, fixtures, lighting, ceiling fans, painting, and bathroom updates! Units have 18 inch tile flooring throughout. Value-add opportunity as rents are well-below market at ($514, $564, $614, $614) with several long-term tenants. Recent adjacent rents obtained have been from $665-$695 or better. Per MLS (5/8/18), there is only one 4plex that is priced for less and it has much smaller units. Surface parking. 2 story building with 2 units on each floor (units 9, 10, 11, and 12). 7+ CAP rate now with 8+ CAP potential. This won't last long!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $589.00 780

Property Taxes

Property Taxes

Parcel Number
200-97-154
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$13,058
  • Listing ID: 12498399

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 11350 W Tennessee Ave, Youngtown, AZ 85363

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