Description
Fully Remodeled 7-unit apartment building!
Annual NOI is $71,128.
4 - 2b/1b: Renting at $1100/mo
2 - 1b/1b: Renting at $825-850/mo
1 - studio: Renting at $761/mo
Currently have 2 vacancies that are in the process of being rented out. (2b/1b & 1b/1b)
All utilities in tenants names except water and trash however Landlord bills Tenants $50/mo for water and trash.
Other expenses include: Taxes & Insurance ($727.23/mo), Property management (10% /mo), and Pest Control ($105/mo).
Seller financing is also available for this High rent / low expense property.
Units have been renovated with new cabinets, countertops, appliances, paint, light fixtures, ceiling fans and more!
Location
The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Realty Executives Phoenix & Yuma. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 27th March, 2023 1:26 AM (UTC)
Listing Office: Realty Executives Arizona Territory
