The Property
🏡 **Investment Opportunity in Phoenix, AZ – Master Leased Triplex**
Welcome to 2610 N 24th St, Phoenix, AZ 85008 – a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not just a property; it’s a gateway to consistent passive income and peace of mind.
**Key Features:**
🔑 **Master Lease with an Alcohol Sobriety Company:** The property is master leased to a reputable alcohol sobriety company, ensuring a steady stream of income. With the tenant bearing all expenses except property insurance and taxes, you can enjoy hassle-free ownership while maximizing your returns.
💰 **Lucrative Lease Terms:** The lease agreement secures a monthly income of $6,500, with a 5% rental increase annually, guaranteeing growth in your investment over the five-year lease period.
🏞️ **Exceptional Amenities:** Step into a tranquil oasis boasting an amazing courtyard adorned with a spa, BBQ area, firepit, and a putting green. This meticulously designed space enhances the property’s appeal and ensures tenant satisfaction.
🏠 **Tasteful Decor and High Success Rate:** Every detail of this property has been carefully curated, offering a tastefully decorated environment that contributes to its high success rate. Experience the simplicity of investing with a property that not only meets but exceeds expectations.
**Why Invest Here?**
📈 **Stability and Convenience:** Enjoy the simplicity of investing with a property that offers stable returns and minimal management requirements. With the tenant handling most expenses, you can focus on reaping the rewards of your investment effortlessly.
🌟 **Residential Loan Eligibility:** Unlike many commercial properties, this triplex is eligible for residential loans, making financing more accessible and convenient for potential investors.
🔍 **Verify and Secure Your Investment:** While we provide you with comprehensive details, we encourage potential buyers to verify all facts and figures to ensure confidence in their investment decision.
Don’t miss out on this exceptional opportunity to secure a prime investment property in Phoenix, AZ. Whether you’re a seasoned investor or just starting, this master leased triplex offers simplicity, stability, and significant potential for growth.
Contact us today to learn more and take the first step towards building your investment portfolio!
*Disclaimer: Buyer to verify all facts and figures. Investment decisions should be made after thorough due diligence.*
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
🌟 Explore the Vibrant Lifestyle at 2610 N 24th Street, Phoenix, AZ! 🌟
Are you seeking the perfect blend of convenience and excitement in Phoenix, AZ? Look no further than 2610 N 24th Street! Nestled in the heart of this bustling city, this address offers a plethora of amenities and attractions right at your fingertips.
**Prime Location:**
Situated in one of Phoenix’s most dynamic neighborhoods, 2610 N 24th Street places you at the center of it all. Conveniently located near major traffic arteries, commuting is a breeze, whether you’re headed to work or exploring the vibrant city.
**Thriving Employment Base:**
Phoenix boasts a robust job market with opportunities in various sectors, including technology, healthcare, finance, and more. With easy access to major employment centers, residents of 2610 N 24th Street enjoy a seamless transition between work and play.
**Entertainment Galore:**
Looking for excitement? Phoenix has you covered! From trendy restaurants and cafes to cultural landmarks and entertainment venues, there’s never a dull moment. Discover the vibrant arts scene, catch a live performance, or simply unwind at a nearby park – the options are endless!
**Accessible Transportation:**
Forget the hassle of parking and traffic – at 2610 N 24th Street, public transportation is right at your doorstep. With convenient access to bus lines and commuter routes, getting around the city has never been easier.
**Community Amenities:**
But the perks don’t end there! Residents of 2610 N 24th Street enjoy a host of on-site amenities designed to enhance their lifestyle. From fitness centers and swimming pools to communal spaces perfect for socializing, there’s something for everyone to enjoy.
**Your Gateway to Urban Living:**
Experience the best of Phoenix living at 2610 N 24th Street. Whether you’re drawn to the bustling energy of the city or seeking a quiet retreat, this address offers the perfect balance of convenience, comfort, and excitement.
Don’t miss out on your opportunity to call 2610 N 24th Street home. Contact us today to schedule a tour and experience urban living at its finest!
$1,295,000
Sale Price
$84,000
Gross Operating Income
$541.00
Operating Expenses-only Property Taxes are the operating expenses
$83,439
Net Operating Income
6.44%
Actual 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!
