17 Multi-Family Units 17 Flex Condos Offered at $2,500,000 in Phoenix, AZ
EXECUTIVE SUMMARY
This property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. It is a well-positioned, income-generating asset. There are opportunities to even increase current rental income for further value. This property is a prudent choice for investors looking to expand, diversify or start their portfolio. It offers a stable and reliable income stream. The property is 100% occupied and all units were remodeled. There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer. The property is located in a Prime location with nearby amenities and great transportation access.
5 Units also available at $825,000
5 Units also available at $825,000
DATA ROOM Click Here to Access
- Operating and Financials
- Miscellaneous
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $2,500,000 |
| Price / SF | $175.91 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 8.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 17 |
| Individually For Sale | 0 |
| Total Building Size | 14,212 SF |
PROPERTIES
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