The Property
What an amazing opportunity to acquire a fully gutted and remodeled Triplex in the heart of Chandler. The property is currently under construction and should be available to close in the next 60 days. All new windows, stainless steel appliances, hot water heaters, air conditioners, roof, and so much more. See the Documents for a full list of improvements. Projected rents are $1,750 per door. Should have zero capital expenses for a long time. Buyer to verify all facts and figures.
Location
Chandler is a city southeast of Phoenix, in Arizona. Its many parks include Desert Breeze Park, with vintage train rides on the Desert Breeze Railroad. Veterans Oasis Park has wetlands and a Sonoran Desert landscape, plus the Solar System Walk, a scale model of the planets. Tumbleweed Park features Playtopia, a playground with themed zones. The Arizona Railway Museum exhibits antique trains.
Located in Metropolitan Phoenix, Chandler embodies an active lifestyle with easy access to outdoor recreation with endless family-fun, award-winning events, world-class golf facilities, and a vibrant downtown. Chandler visitors will enjoy the diverse community with its fabulous restaurants of every cuisine, premier shopping, arts and culture and a wide range of things to do all year-round. Come disconnect and discover more in Chandler.
Known as the heart of the city, Downtown Chandler is a walkable district and collaborative space full of murals and public art, local restaurants and breweries. With more than 60 recreational parks, there’s always an open space nearby for picnics, a pleasant stroll or playtime with the family.
6/5/2022 Construction Video Update
Construction Update 5/18/2022
4/18/2022 Construction Video Update
Concrete Driveways are in.
The interior of the Duplex is close to being completed.
As you can see the pavers are being installed.
The pillars for the exterior fencing are installed.
There is much going on and the completion will be soon.
Virtual Tour-As the construction continues this will be updated
Sale Price
Effective Operating Income
Operating Expenses
Net Operating Income
Cap Rate
Offering Memorandum
Please see the one page flyer!
The offering memorandum will come soon
Property Photos-check back as more will come updated 5/19/2022
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