2124 W Augusta Ave, Phoenix, AZ 85021-Buy this property w/Residential Financing must buy 2122 W Augusta at the same time $855,000

2124 W Augusta Ave, Phoenix, AZ 85021 Fully Occupied Triplex Fully occupied and extensive Remodel

The Property

### Stunning Triplex at 2124 W Augusta Ave, Phoenix, AZ 85021

Discover an incredible investment opportunity with this stunning triplex located at 2122 W Augusta Ave, Phoenix, AZ 85021. This beautifully renovated property can be purchased using residential financing, making it accessible for both new and experienced investors. It is paired with 2122 W Augusta Ave, a fourplex that can also be acquired with residential financing, or alternatively, experienced investors can opt for commercial financing.

#### Highlights:
– **Extensive Rehabilitation**: Nearly half a million dollars have been invested in rehabilitating this property, ensuring top-notch quality and modern amenities.
– **Luxury Finishes**: Every unit features luxurious quartz countertops, exuding elegance and durability.
– **Smooth Stucco Exterior**: The building boasts a smooth stucco finish, enhancing its curb appeal and offering a sleek, modern look.
– **Attention to Detail**: The meticulous attention to detail in the renovation process is evident, promising a luxurious living experience for tenants.

#### Investment Flexibility:
– **Residential Financing**: Suitable for new investors looking to enter the real estate market.
– **Commercial Financing**: Experienced investors may prefer this option for potentially more favorable terms.

#### Combined Purchase Advantage:
– **Fully Occupied Units**: When both properties (2122 and 2124 W Augusta Ave) are purchased together, you gain seven completely occupied units.
– **Exceptional Rehab Work**: Both properties have undergone fabulous renovations, ensuring they are move-in ready and highly appealing to tenants.

#### Additional Information:
– Buyers are encouraged to verify all facts and figures to ensure complete satisfaction with the purchase.

Don’t miss out on this extraordinary opportunity to own a beautifully renovated triplex in a prime location. Whether you’re a new investor or an experienced one, this property offers the perfect blend of luxury and practicality.

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

The area around 21 Ave and Northern in Phoenix AZ is a bustling commercial and residential hub that offers a plethora of employment opportunities, making it a highly sought-after destination for job seekers. Some of the major employers in the area include Honeywell Aerospace, American Express, and Phoenix Children’s Hospital, among others. With the presence of such reputed companies, the area has a strong employment base, attracting both young professionals and seasoned workers looking for career advancement opportunities.

Apart from the strong job market, the 21 Ave and Northern area is also known for its vibrant entertainment scene. There are several shopping centers, restaurants, bars, and theaters in the vicinity, providing ample options for residents and visitors alike. The Metrocenter Mall, located a few miles from the area, is a popular destination for shoppers, offering a wide range of stores and dining options. Moreover, the area boasts a diverse range of culinary offerings, with several local eateries and international restaurants.

One of the major attractions of the 21 Ave and Northern area is the Phoenix Light Rail, a modern public transportation system that connects several areas of the city, including downtown Phoenix, Tempe, and Mesa. The light rail has made commuting easier for residents and has helped to reduce traffic congestion in the area. Additionally, the light rail is an excellent option for visitors who want to explore the city’s many attractions without having to worry about driving and parking.

The area also offers several recreational opportunities, including parks, hiking trails, and sports facilities. The North Mountain Park and Preserve, located just a few miles from the area, is a popular destination for hiking and outdoor activities. Moreover, the area has several sports facilities, including the Rose Mofford Sports Complex, which offers baseball, soccer, and softball fields.

In summary, the 21 Ave and Northern area in Phoenix AZ is a dynamic and diverse neighborhood that offers excellent employment opportunities, a vibrant entertainment scene, and convenient access to public transportation. With its range of recreational and cultural attractions, the area is an excellent destination for residents and visitors alike.

$855,000

Sale Price

$50,750

Effective Operating Income

$8,397

Operating Expenses

$42,353

Net Operating Income

4.95%

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 Offering Memorandum