715-721 W Cinnabar Phoenix AZ 85021 $1,800,000 9 Units-Triplex and 5 units 2 parcels-large lots

The Property

Discover a prime investment opportunity in the heart of 85021. This well-maintained portfolio spans three buildings across two parcels, offering a total of 9 units ideal for savvy investors.

Property Highlights:

✅ Newer roofs, ensuring long-term value and minimal maintenance costs

✅ Several renovated units offering modern comforts for tenants

✅ Leases are predominantly government-assisted, providing stable income

✅ Prime location, just moments from the light rail for easy accessibility

✅ Less than one block from a local park, enhancing tenant appeal and neighborhood charm

Explore the potential of these income-generating properties in a sought-after locale.

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

Proximity:

✅ Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area.
✅ Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley.

Employment Base:

✅ The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries.

Hiking and Outdoor Recreation:

✅ Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte.

Entertainment and Dining:

✅ The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene.

Public Transportation:

✅ Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.

$1,800,000

Sale Price

$157,543

Effective Annual Income

$36,145

Operating Expenses

$121,398

Net Operating Income

6.74%

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