The Property
Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby.
**Property Details:**
– 2 Units individually metered for Electric
– Condition: Excellent
– Lot Approval: Ready to Build a Fourplex-all reports and plans included
– Nearby Amenities: Beautiful Park Across the Street
**Duplex Features:**
– Impeccably maintained
– Spacious living areas
– Private outdoor spaces
– Ideal for both owner-occupants and investors
**Fourplex Potential:**
– Approved lot for a fourplex
– Capitalize on the strong demand for multi-family units
– Increase your rental income and investment portfolio
**Neighborhood Highlights:**
– Proximity to top employers in the area
– Convenient access to major highways
– Excellent schools nearby
– Thriving local businesses and restaurants
– Beautiful park right across the street, perfect for outdoor activities
For the 4 plex that will transfer as well
- Lot variances previously approved. Easily renewed.
- Pre-application plans reviewed and approved by city
- Site Plan completed and stamped by engineer
- Civil engineering plans including Grading and drainage, Fireline plans and private water and sewer plans all underway
- Building plans started, will be completed when site plan is approved.
- Electrical and mechanical contracted, final step of building plans
attached Site plan, Civil plans and the invoice for the building plans. There is some minor work that needs to be completed before the building plans and Mechanical and plumbing can be finished. We have sent an email to stimulate progress on this work again.
There will need to be some Civil engineering/planning completed we will work on that for fireline, Water/sewer and updates to grading and drainage plans.
Building plans will be worked on and completed in the coming weeks. I have attached the invoice for the firm.
In summary –
The outbuilding was demolished and removed from the property
The back lot is separate and has a separate address filed with the City – 8918 N 11th St
Variances for drive lane and minimum lot size have been successfully filed, they will need to be renewed
Site Plan is completed
Civil drawings for Grading and drainage are completed, require minor updates
Civil work for fireline, Water/sewer will need to be completed
Building plans were waiting for Site plan – will get these finished
Mechanical and electrical plans are pending building plans
Virtual Tour-Check it out!
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
🌞 Discover the Magic of Sunnyslope, AZ! 🌵
Welcome to Sunnyslope, the hidden gem of the Southwest! Nestled in the heart of Arizona, this vibrant and diverse community boasts a unique charm that captures the essence of the desert. With its picturesque landscapes, rich history, and friendly atmosphere, Sunnyslope is the perfect place to call home.
🏡 **Homes as Unique as You** 🏡
Find your dream home in Sunnyslope, where real estate options are as diverse as the people who call this place home. Whether you prefer a cozy desert bungalow or a luxurious modern villa, Sunnyslope has it all. Experience the joy of waking up to breathtaking mountain views and sun-kissed skies right outside your window.
🌄 **Explore Nature’s Wonderland** 🌵
Sunnyslope is a nature lover’s paradise, offering countless outdoor adventures. Hike along the stunning trails of the North Mountain Preserve, where you’ll encounter rugged terrain and captivating desert flora and fauna. The nearby Arizona Canal Trail provides a peaceful path for biking, jogging, or leisurely strolls.
🍷 **Savor the Local Flavor** 🍽️
Dive into the culinary scene of Sunnyslope, where you’ll discover an array of restaurants and cafes offering delicious cuisine from around the world. Whether you’re craving southwestern flavors, international dishes, or farm-to-table delights, Sunnyslope’s dining scene has something to satisfy every palate.
🎉 **Community Spirit** 🤝
Sunnyslope is not just a place to live; it’s a tight-knit community where neighbors become friends and memories are made. Local events, farmer’s markets, and community festivals keep the spirit alive year-round. Get involved and become a part of something special.
🛍️ **Shop Local Treasures** 🛍️
Explore Sunnyslope’s unique boutiques, galleries, and markets. From handcrafted jewelry to desert-inspired art, you’ll find one-of-a-kind treasures that make for perfect souvenirs or gifts for loved ones.
📚 **Education Excellence** 📚
Sunnyslope takes pride in its top-rated schools, ensuring that your children receive a quality education in a supportive environment.
🌟 **Sunnyslope Awaits You** 🌟
Escape the ordinary and embrace the extraordinary in Sunnyslope, AZ. Whether you’re seeking a serene retirement destination, a family-friendly community, or a place to start a new adventure, Sunnyslope has something for everyone.
Don’t miss the chance to experience the magic of Sunnyslope. Join our vibrant community and create a life filled with sunshine, adventure, and endless possibilities.
🌵 **Sunnyslope, AZ – Where Every Day is a Sunny Day!** 🌞
$595,000
Sale Price
$34,804
Effective Rent
$6,422
Operating Expenses
$28,382
Net Operating Income
4.77%
Cap Rate
Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
Stay on top of what’s happening in Arizona Real Estate!
Be sure to take a look at Linda Gerchick’s Practical Guide to Commercial Real Estate, which is now accessible on Amazon!
