Great investment opportunity to own part of this portfolio of multi-family properties in downtown Phoenix. With a 7.4% CAP RATE, these 7 units are in a high-return area and prime location. All units are tiled and include appliances. Two separate buildings on large 16,000+square foot lot. Low-maintenance landscaping. Secluded area of downtown located near 3 major hospitals and public transportation. Rents are increasing in this area so this is an excellent chance. Total list price for both buildings is $350,000. Additional properties of this portfolio available for sale (MLS#5295207). Owner open to negotiation for bundling properties. Number in the MLS represent the operation of the 7-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.
