Great investment opportunity to own part of this portfolio of multi-family properties in downtown Phoenix. With a 7.1% CAP RATE, these eight units are in a high-return area and prime location. Each unit has two bedrooms and one bathroom with all tile flooring. Two separate buildings on large 9,000+square foot lot. Great exposure to main road and conveniently located near three major hospitals and public transportation. Low-maintenance landscaping. Rents are increasing, so act fast! Total list price for both buildings is $400,000. Additional properties of this portfolio available for sale (MLS#5295161). Owner open to negotiation for bundling properties. Number in the MLS represent the operation of the 8-plex as a whole, not individual buildings.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
