The Property
Welcome to the epitome of investment opportunities! Nestled in a coveted locale, this 2-bedroom, 2-bathroom condo stands as a beacon of lucrative potential. Boasting above-average condition, it is a testament to both quality and longevity. Currently occupied by a reliable long-term tenant, this property ensures consistent returns, making it an investor’s dream come true.
Beyond its pristine interior, this condo offers a plethora of amenities tailored for discerning buyers. Picture yourself enjoying the convenience of a private patio, perfect for serene evenings or al fresco dining. With an additional storage room and inside laundry facilities, every aspect of modern living is catered to. Whether you’re seeking a stable income stream or a savvy investment opportunity, this condo delivers on all fronts.
Buyer discretion is paramount, and we encourage thorough verification of all facts and figures. Embrace the chance to seize this rare gem in the real estate market, where every feature aligns with your investment aspirations. Don’t miss out on the chance to own a piece of prime property poised for exponential growth. Act now and unlock the doors to boundless financial success!
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
Location: Situated in the heart of the Camelback Corridor in Phoenix, the intersection of 20th Avenue and Camelback Road is a pivotal point in this bustling urban landscape.
Commercial Hub: This intersection serves as a nucleus for commercial activity, surrounded by a diverse mix of businesses and residential complexes. It hosts a range of shopping centers, dining establishments, corporate offices, and local boutiques, making it a vibrant destination for both commerce and leisure.
Retail and Dining: From trendy boutiques to popular chain stores, the area offers a rich tapestry of retail options catering to various tastes and preferences. Dining choices are equally abundant, with an array of culinary delights spanning from casual eateries to upscale restaurants, ensuring a satisfying gastronomic experience for all.
Medical Facilities: The vicinity boasts access to top-notch medical facilities, including the HonorHealth Scottsdale Osborn Medical Center and numerous specialized clinics, providing comprehensive healthcare services to the community.
Transportation: Well-connected by Valley Metro bus routes, 20th Avenue and Camelback Road provides convenient transportation options, facilitating easy access to neighboring areas and beyond.
Residential Proximity: Surrounding the intersection are diverse residential neighborhoods, featuring a mix of housing options such as single-family homes, townhouses, apartments, and condominiums. Its central location and amenities make it an attractive choice for both renters and homeowners seeking urban living with a touch of sophistication.
Recreation: Residents and visitors can enjoy a plethora of recreational activities nearby, including parks, hiking trails, and golf courses. The scenic Arizona Canal, with its serene walking and biking paths, offers a tranquil escape amidst the urban hustle and bustle.
Cultural Attractions: While not directly adjacent to major cultural landmarks, the area’s proximity to downtown Phoenix and Scottsdale ensures easy access to a wealth of museums, galleries, and performing arts venues, enriching the cultural experience for enthusiasts.
Development: Like many areas in Phoenix, ongoing development efforts are likely underway to enhance infrastructure and attract businesses, contributing to the area’s continuous growth and prosperity.
$174,000
Sale Price
$15,673.8
Effective Rent
$4,252
Operating Expenses
$11,403
Net Operating Income
6.55%
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!
Documents
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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