Log In/Sign Up
Your email has been sent.
Ironwood Station 4-Plex 651 N Ironwood Dr 4 Unit Apartment Building $1,785,750 ($446,438/Unit) 6.18% Cap Rate Apache Junction, AZ 85120
INVESTMENT HIGHLIGHTS
- 4-Unit Building
- Townhome Style large Units all 3 Bedrooms plus Loft
- New Construction in High Growth area
- Guaranteed rents/ free leasing and management
EXECUTIVE SUMMARY
6.2% CAP 4- Unit Multi-Family Built 2025. High Growth Market. $110k NOI
• New Construction With Full Builder Warranty
• Up to 4 Months Guaranteed or supplemental Rents
• First Year Pre-Paid HOA Fees
• First Year Pre-Paid Hazard Insurance
• First Year of Free Leasing
• All 3-Bedrooms Plus Loft • 2.5 Baths
• Average 1793 Sq Ft Per Unit
• All Upgraded Finishes Including
• LG Appliances, Refrigerator, Washer/Dryer
• Ceiling Fans • Window Treatments
• 2-Car Private, Direct-Access Garage With EV Chargers
• Private Fenced Courtyards
• Community Parks • Dog Park
• Heated Pool and Spa, Playground • Gated Secure Community
Choice of 4-Unit or 6-Unit Buildings.
• New Construction With Full Builder Warranty
• Up to 4 Months Guaranteed or supplemental Rents
• First Year Pre-Paid HOA Fees
• First Year Pre-Paid Hazard Insurance
• First Year of Free Leasing
• All 3-Bedrooms Plus Loft • 2.5 Baths
• Average 1793 Sq Ft Per Unit
• All Upgraded Finishes Including
• LG Appliances, Refrigerator, Washer/Dryer
• Ceiling Fans • Window Treatments
• 2-Car Private, Direct-Access Garage With EV Chargers
• Private Fenced Courtyards
• Community Parks • Dog Park
• Heated Pool and Spa, Playground • Gated Secure Community
Choice of 4-Unit or 6-Unit Buildings.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$110,400
|
$9.20
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $110,400 |
| Annual Per SF | $9.20 |
PROPERTY FACTS Under Contract
| Price | $1,785,750 | Apartment Style | Single-Family Home |
| Price Per Unit | $446,438 | Building Class | C |
| Sale Type | Investment | Building Size | 12,000 SF |
| Cap Rate | 6.18% | No. Stories | 2 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 0.17/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,785,750 |
| Price Per Unit | $446,438 |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Building Size | 12,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 0.17/1,000 SF |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Stainless Steel Appliances
- Island Kitchen
SITE AMENITIES
- Courtyard
- Pool
- Spa
- Gated
- Trash Pickup - Curbside
- Storage Space
- Car Charging Station
- Fiber Optic Internet
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 4 | $2,300 | 1,793 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $127,583 | Total Assessment | $127,583 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$127,583
Improvements Assessment
$0
Total Assessment
$127,583
1 of 42
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Ironwood Station 4-Plex | 651 N Ironwood Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.