$7,495,000
Sale Price
$530,340
Effective Gross Income
$79,551
Operating Expenses
$450,789
Net Operating Income
6.01%
Cap Rate
Offering Memorandum and Marketing Flyer for the Portfolio
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!
Documents-Broken down by Property
7602 E Polk St, Scottsdale, AZ 85257
Rent Roll-MASTER RENT ROLL 4-1-2023 thru 3-31-2025
Trailing Twelve ACTUAL onNN Lease in Place
Last Year’s Books and Records – 2022
Appraisal Measurements and Floor Plans
Seller Property Disclosure Statement
306 & 312 E Kinderman Dr, Avondale, AZ 85323
Floor Plans and Appraisal Measurements
Seller Property Disclosure Statement
2122-2124 W Augusta Ave, Phoenix, AZ 85021
Last Year’s Books and Records – 2022
Floor Plans and Appraisal Measurements
Seller Property Disclosure Statement
Residential Property Disclosure Statement 1-4 Units Addendum
The Property-7602 E Polk Scottsdale AZ 85257
Ethos on Polk is a remodeled property consisting of six units located near Old Town Scottsdale. The property has four two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each unit comes with a private patio and a storage room, as well as a new stackable washer and dryer.
The property is under a NN (double net) lease from a short-term rental company, which means that the tenant is responsible for all expenses related to the property, except for insurance and property taxes. The lease is for three years, with a rental increase in the second and third year.
The property is fully occupied, with a monthly rental income of $11,000 and an annual income of $132,000. The current yearly expenses for the property are $5,417.
Ethos on Polk has been completely remodeled with modern touches, including tile backsplashes, dual-pane windows, and a smooth stucco finish. The property is highly regarded by neighbors and considered the “new building on the block.”
It’s important to note that the buyer should verify all facts and figures related to the property, including the lease agreement and rental income. Ethos on Polk is located at 7602 E Polk St in Scottsdale, Arizona. The property falls under the R-5 zoning, which allows for multi-family residential use. The property size is 4,140 square feet, and the land size is 11,021 square feet.
The property is located in the postal/zip code area 85257. There is one building on the property, which contains the six remodeled units described earlier. The parcel number for the property is 131-15-001-Y.
Virtual Tour-7602 E Polk Scottsdale AZ 85257
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?
We‘d like to invite you to check out the additional photos we have uploaded to our website for the 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.
The Property-2122-2124 W Augusta Ave, Phoenix, AZ 85021
Ethos on Polk is a remodeled property consisting of six units located near Old Town Scottsdale. The property has four two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each unit comes with a private patio and a storage room, as well as a new stackable washer and dryer.
The property is under a NN (double net) lease from a short-term rental company, which means that the tenant is responsible for all expenses related to the property, except for insurance and property taxes. The lease is for three years, with a rental increase in the second and third year.
The property is fully occupied, with a monthly rental income of $11,000 and an annual income of $132,000. The current yearly expenses for the property are $5,417.
Ethos on Polk has been completely remodeled with modern touches, including tile backsplashes, dual-pane windows, and a smooth stucco finish. The property is highly regarded by neighbors and considered the “new building on the block.”
It’s important to note that the buyer should verify all facts and figures related to the property, including the lease agreement and rental income. Ethos on Polk is located at 7602 E Polk St in Scottsdale, Arizona. The property falls under the R-5 zoning, which allows for multi-family residential use. The property size is 4,140 square feet, and the land size is 11,021 square feet.
The property is located in the postal/zip code area 85257. There is one building on the property, which contains the six remodeled units described earlier. The parcel number for the property is 131-15-001-Y.
Virtual Tour-2122-2124 W Augusta Ave, Phoenix, AZ 85021
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?
The Property-306 & 312 E Kinderman Dr, Avondale, AZ 85323
Ethos on Polk is a remodeled property consisting of six units located near Old Town Scottsdale. The property has four two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each unit comes with a private patio and a storage room, as well as a new stackable washer and dryer.
The property is under a NN (double net) lease from a short-term rental company, which means that the tenant is responsible for all expenses related to the property, except for insurance and property taxes. The lease is for three years, with a rental increase in the second and third year.
The property is fully occupied, with a monthly rental income of $11,000 and an annual income of $132,000. The current yearly expenses for the property are $5,417.
Ethos on Polk has been completely remodeled with modern touches, including tile backsplashes, dual-pane windows, and a smooth stucco finish. The property is highly regarded by neighbors and considered the “new building on the block.”
It’s important to note that the buyer should verify all facts and figures related to the property, including the lease agreement and rental income. Ethos on Polk is located at 7602 E Polk St in Scottsdale, Arizona. The property falls under the R-5 zoning, which allows for multi-family residential use. The property size is 4,140 square feet, and the land size is 11,021 square feet.
The property is located in the postal/zip code area 85257. There is one building on the property, which contains the six remodeled units described earlier. The parcel number for the property is 131-15-001-Y.
Virtual Tour-306 & 312 E Kinderman Dr, Avondale, AZ 85323
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?
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