441 N 31st Ave Phoenix, AZ 85009
BRAND NEW DEAL!
Wholesale Price: $259,000 (Financing in Place)
10 Units (2 2b/1b, 7 1b/1b, 1 studio)
All but one rented (tenant just moved out)
Gross annual income: $43,000
Net Annual Income: $27,687
16.6% Gross CAP RATE!!!
If you are looking for a sweet rental opportunity in Phoenix with a high CAP rate and a great return on your money, this is it! Generally deals with this type of potential are only available vacant and if you wish to purchase, you have to rehab and rent the property out yourself.
We have saved you all of the trouble here!! The property is already rented, so you don't have to worry about rehab costs or advertising to obtain tenants. Call us with any questions that you have. Rent rolls and copies of leases are available upon request.
Call me for details (623)237-2388
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