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8805 S 51ST ST 2, Phoenix, AZ 85044 8805 S 51st St 1 Unit Apartment Building $430,498 ($430,498/Unit) 5.56% Cap Rate Phoenix, AZ 85044
INVESTMENT HIGHLIGHTS
- Robust rental demand
- Privacy
- On the golf course
EXECUTIVE SUMMARY
Pristine & immaculate 2 bed, 3 bath, 1 car garage townhome is move-in ready & located in desirable Pointe South Mountain, right on the golf course! Property boasts an abundance of privacy w/ private gated yard. The townhome is nicely painted & features new flooring, high ceilings, & large windows with stunning views & fireplace for added comfort & ambiance. The master bedroom suite is spacious & offers a private balcony. Additionally, bonus area that can be utilized as an office. All newer appliances are included, water, sewer & garbage services are also included in the rent. Residents will have access to community amenities such as a heated pool, walking & biking paths, an open park, & a golf course. Property is currently leased to 4/08/26.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$30,000
|
$4.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,000
|
$4.68
|
| Taxes |
$1,909
|
$0.30
|
| Operating Expenses |
$4,500
|
$0.70
|
| Total Expenses |
$6,409
|
$1.00
|
| Net Operating Income |
$23,591
|
$3.68
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $4.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $4.68 |
| Taxes | |
|---|---|
| Annual | $1,909 |
| Annual Per SF | $0.30 |
| Operating Expenses | |
|---|---|
| Annual | $4,500 |
| Annual Per SF | $0.70 |
| Total Expenses | |
|---|---|
| Annual | $6,409 |
| Annual Per SF | $1.00 |
| Net Operating Income | |
|---|---|
| Annual | $23,591 |
| Annual Per SF | $3.68 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Range
- Views
- Walk-In Closets
- Yard
- Breakfast Nook
- Dining Room
- Double Pane Windows
- Island Kitchen
- Lawn
- Pantry
- Patio
- Warming Drawer
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 301-13-799 | Total Assessment | $50 (2025) |
| Land Assessment | $50 (2025) | Annual Taxes | $1,909 ($0.30/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
301-13-799
Land Assessment
$50 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$50 (2025)
Annual Taxes
$1,909 ($0.30/SF)
Tax Year
2024
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8805 S 51ST ST 2, Phoenix, AZ 85044 | 8805 S 51st St
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