Property Overview

This well-maintained 4-bedroom, 3-bathroom single-family investment property offers a compelling combination of stable income, quality construction, and future rental upside. Built in 2006 by Standard Pacific Homes, the home features durable materials and functional design appealing to long-term tenants.

The property consists of approximately 1,818 square feet and sits on a 6,836 square foot lot (0.157 acres). Additional highlights include a 2-car garage, covered patio, and granite kitchen countertops, enhancing both tenant desirability and long-term value.

Currently leased to a long-term tenant, the property provides immediate income while offering the opportunity to increase rents to market levels.

Property Highlights

4 Bedrooms / 3 Bathrooms
Approx. 1,818 SF
Built in 2006
Builder: Standard Pacific Homes
Wood frame construction with painted stucco
Concrete tile roof (low maintenance)
Heat pump system
Granite kitchen countertops
Covered patio
2-car garage
6,836 SF lot (0.157 acres)

Investment Summary

Current Rent: $1,995/month + $110 pet rent
Below-market rents with upside to ~$2,200/month
RUBS income in place
Long-term tenant provides stability

Investment Narrative

This property presents an opportunity to acquire a newer construction (2006) asset with low-maintenance features and stable tenancy already in place. The concrete tile roof, stucco exterior, and efficient systems help reduce ongoing expenses, making it an ideal hold property.

With a spacious 4-bedroom, 3-bath layout, outdoor living via a covered patio, and interior upgrades such as granite countertops, the home is well-positioned to command higher rents in today’s market.

The current below-market lease allows an investor to increase income over time, improving overall returns while maintaining a strong, stable asset in a desirable rental segment.

Virtual Tour-Coming Soon

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

Located in the heart of Surprise, Arizona, this property benefits from one of the fastest-growing and most desirable submarkets in the Northwest Phoenix Metro area. Known for its strong population growth, quality housing, and expanding employment base, Surprise continues to attract both residents and investors seeking long-term stability and upside.

This property is ideally positioned within a well-established residential neighborhood featuring clean streets, pride of ownership, and consistent demand for housing. The surrounding area offers a balanced mix of single-family homes, parks, and neighborhood retail, creating a highly livable and tenant-friendly environment.

Residents enjoy close proximity to major transportation corridors including Loop 303, US-60 (Grand Avenue), and Bell Road, providing seamless connectivity to the greater Phoenix Metro. The continued expansion of Loop 303 has been a major catalyst for new industrial, logistics, and employment growth, further strengthening the area’s economic foundation.

Major Employers & Economic Drivers

The Northwest Valley has experienced significant job growth, supported by a diverse mix of industries including healthcare, logistics, manufacturing, and technology. Key employers and economic drivers in the area include:

Banner Del E. Webb Medical Center – Major regional hospital and healthcare employer driving steady job demand
TSMC – Multi-billion-dollar semiconductor fabrication plant in North Phoenix creating thousands of high-paying jobs and supporting long-term regional growth
Amazon Fulfillment & Distribution Centers – Large-scale logistics operations along the Loop 303 corridor
Walmart Distribution Centers – Major regional supply chain presence supporting employment in the West Valley
Frito-Lay & PepsiCo – Manufacturing and distribution facilities in the greater West Valley
City of Surprise & Dysart Unified School District – Stable public sector employment base
Rapid expansion of industrial parks and distribution hubs along Loop 303, attracting national and international companies

This strong and diversified employment base supports consistent population growth, housing demand, and long-term economic stability.

Lifestyle & Amenities

Residents benefit from convenient access to a wide range of amenities, including:

Retail & Dining: Surprise Marketplace, Bell Road corridor retail, grocery stores, and national brands
Healthcare: Banner Del E. Webb Medical Center and nearby medical offices
Recreation: Surprise Community Park, golf courses, and outdoor spaces
Spring Training: Home to MLB’s Kansas City Royals and Texas Rangers at Surprise Stadium
Education: Schools within the Dysart Unified School District

Why This Location Works

Rapid population growth in the Northwest Valley
Strong rental demand driven by affordability compared to central Phoenix
Direct access to Loop 303 employment corridor
Proximity to major job hubs including TSMC and logistics centers
Established neighborhood with consistent occupancy trends
Close to retail, healthcare, and recreational amenities

$535,000

Sale Price

$24,502

Effective Operating Income (Actual)

$4,992

Operating Expenses (Actual)

$19,510

Net Operating Income (Actual)

3.65%

Cap Rate

$535,000

Sale Price

$28,169

Proforma Effective Income

$4,992

Proforma Operating Expenses

$22,883

Proforma Net Operating Income

4.28%

Proforma 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!

One Page Flyer-Check it out! Offering Memorandum-Coming Soon