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11444 N 21st Dr - Portfolio 44 Single-Family Homes in Phoenix 1,505 SF Specialty Building Offered at $14,000,000 at a 6% Cap Rate in Phoenix, AZ 85029
Investment Highlights
- Portfolio of 44 single-family dwellings in the Phoenix area has an excellent rental history
- The owner has held all 44 properties for over 13 years
- Managed by Phoenix RE Agency who holds a complete rental record of all properties going back 8 years
- There has been strong rental growth in Phoenix over the past several years, and that is likely to continue
Executive Summary
Portfolio of 44 single-family dwellings in the Phoenix area has an excellent rental history
Property Facts
| Price | $14,000,000 | Building Class | B |
| Price Per SF | $9,302.33 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 1,505 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built/Renovated | 1942/2007 |
| Property Type | Specialty | Parking Ratio | 1.33/1,000 SF |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Zoning | R - Residential | ||
| Price | $14,000,000 |
| Price Per SF | $9,302.33 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 1,505 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1942/2007 |
| Parking Ratio | 1.33/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R - Residential |
Amenities
- Property Manager on Site
- Smoke Detector
1 1
Property Taxes
| Parcel Number | 149-47-305 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,792 |
Property Taxes
Parcel Number
149-47-305
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,792
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11444 N 21st Dr - Portfolio 44 Single-Family Homes in Phoenix
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