The Property
Welcome to your next lucrative investment venture! We’re thrilled to present to you a prime real estate opportunity nestled in the heart of east Sunnyslope, boasting a fully occupied 6-unit apartment building that’s generating exceptional returns. This C-class property stands out with its impressive features, promising steady income and substantial growth potential.
**Key Highlights:**
Must buy 9033 (Duplex) at the same time but as the properties sit on 2 different parcels you could use 2 loans and purchase concurrently.
🔑 **Stable Income**: This property is fully occupied, ensuring a consistent cash flow from day one. With all units leased, you can count on reliable monthly income without the hassle of vacancies.
💰 **High Yield**: At an impressive 8.69% cap rate, this investment promises excellent returns compared to industry standards. Your money works hard for you, delivering attractive yields and long-term wealth accumulation.
🌳 **Charming Amenities**: Residents enjoy the convenience of storage rooms, providing additional space for their belongings. Plus, some units offer the luxury of private backyards, perfect for relaxation and outdoor activities. New landscaping adds to the property’s appeal, enhancing its curb appeal and attracting quality tenants.
🏡 **Income Stability**: Investing in multi-unit properties offers diversification and resilience. Even during economic downturns, rental properties tend to remain stable, providing a hedge against market volatility.
**Investment Details:**
▪️ **Location**: Strategically situated in a desirable neighborhood, this property benefits from proximity to schools, parks, shopping centers, and public transportation, ensuring high tenant demand.
▪️ **Tenant Profile**: The current tenant base consists of reliable, long-term occupants, reflecting the property’s appeal and management quality.
▪️ **Value-Add Potential**: While already performing exceptionally well, there’s still room for value enhancement. Consider implementing minor upgrades or rent optimizations to further boost profitability and property appreciation.
▪️ **Low Maintenance**: With satisfied tenants and well-maintained units, you’ll experience minimal operational headaches. Enjoy passive income with peace of mind, knowing that your investment is in good hands.
**Why Invest Now?**
The real estate market is heating up, and opportunities like this don’t come by often. Secure your financial future with a proven income-generating asset that offers stability, growth, and remarkable returns. Whether you’re a seasoned investor or a newcomer to real estate, this property aligns perfectly with your investment objectives.
Don’t miss out on this chance to own a fully occupied 6-unit apartment building with exceptional income potential and value-added opportunities. Act now to seize this golden investment opportunity and start reaping the rewards of passive income and long-term wealth accumulation.
Schedule a viewing today to witness the potential of this outstanding property firsthand. Contact us now to take the first step toward securing your financial future!
*Disclaimer: All financial figures and investment returns are estimates and subject to market conditions. Buyers are advised to conduct their own due diligence before making any investment decisions.*
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
East Sunnyslope is a vibrant neighborhood located in Phoenix, Arizona, known for its picturesque desert landscapes and close proximity to outdoor recreational opportunities. Situated in the northern part of the city, East Sunnyslope offers residents and visitors alike a blend of urban amenities and natural beauty.
One notable feature of East Sunnyslope is the presence of the HonorHealth John C. Lincoln Medical Center. This esteemed hospital serves as a cornerstone of the community, providing comprehensive healthcare services to residents in the area. With state-of-the-art facilities and a dedicated team of healthcare professionals, the John C. Lincoln Medical Center offers a range of medical specialties, including emergency care, surgical services, and primary care.
In addition to its healthcare facilities, East Sunnyslope boasts easy access to outdoor activities, including hiking. Nature enthusiasts and adventure seekers will find themselves spoiled for choice with a variety of hiking trails nearby. Just a short drive from East Sunnyslope, the Phoenix Mountain Preserve offers miles of scenic trails suitable for hikers of all skill levels. Trails such as the Dreamy Draw Loop Trail and the Piestewa Peak Summit Trail provide stunning views of the surrounding desert landscape and are popular destinations for outdoor enthusiasts.
For those looking for a more leisurely outdoor experience, the nearby Dreamy Draw Recreation Area offers picnic areas and ramadas, perfect for enjoying a day out with family and friends. Whether you’re seeking a challenging hike or a peaceful stroll through the desert, East Sunnyslope provides easy access to the natural beauty of the Phoenix area.
With its convenient location, healthcare amenities, and abundance of outdoor recreational opportunities, East Sunnyslope offers residents a fulfilling lifestyle in the heart of the Arizona desert. Whether you’re exploring the rugged terrain of the nearby mountains or seeking medical care at the John C. Lincoln Medical Center, East Sunnyslope has something to offer everyone.
$700,000
Sale Price
$74,263
Effective Rental Income
$15,477
Annual Operating Expenses
$58,786
Net Operating Income
8.40%
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.
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Be sure to take a look at Linda Gerchick’s Practical Guide to Commercial Real Estate, which is now accessible on Amazon!
