UNDER CONTRACT 110 N 33rd AVE, Phoenix, AZ 85009-4 plex

110 N 33rd Ave Phoenix AZ 4 Plex Stable Unpriced

The Property

This is an exceptional chance to acquire a stabilized 4-plex that has undergone numerous upgrades, making it a highly desirable investment opportunity. The property boasts a fresh new look with new landscaping that provides an attractive curb appeal. All four units are fully occupied, and each unit has its own washer and dryer, a highly sought-after amenity that is sure to attract prospective tenants.

The units themselves have been thoughtfully designed to offer a comfortable and convenient living experience. Ceramic tile floors and dual pane windows add a touch of elegance and modernity to the units, while individual air conditioners ensure that tenants can regulate the temperature to their liking. The private fenced backyards provide a sense of privacy and outdoor space, making it ideal for families with children or pets.

The units are also individually metered for electricity, which allows tenants to have better control over their utility expenses. The 2-inch faux wood blinds add a touch of sophistication and privacy to the units, ensuring that tenants can enjoy their space to the fullest.

It’s worth noting that this investment opportunity requires the buyer to verify all facts and figures. However, with the unique combination of amenities, upgrades, and location, this 4-plex is a rare find that’s sure to attract tenants and provide a stable source of income for the savvy investor.

Location

35th Ave and Van Buren is an intersection located in the western part of Phoenix, Arizona, USA. The surrounding area is predominantly commercial and industrial, with a mix of residential areas and open spaces.

To the west of the intersection, there are a number of large industrial warehouses and manufacturing plants, as well as some commercial businesses such as auto repair shops and retail stores. To the east, there are several residential neighborhoods, including the Maryvale community.

There are also a number of parks and open spaces in the area, such as the Desert West Park and the Cielito Park. These parks offer recreational activities such as sports fields, playgrounds, and picnic areas.

Overall, the area around 35th Ave and Van Buren is a busy and diverse part of Phoenix, with a mix of industrial, commercial, and residential areas, as well as opportunities for outdoor recreation.

Transportation: within close proximity to the I-10. Walking distance to bus routes.

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?

$650,000

Sale Price

$51,740

Effective Rental Income

$10,603

Operating Expenses

$41,137

Net Operating Income

Market Cap Rate

Cap Rate

Offering Memorandum

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!

One Page Flyer Offering Memorandum