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Updated almost 8 years ago on . Most recent reply

User Stats

11
Posts
1
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Mike DeSorda
  • Prescott, AZ
1
Votes |
11
Posts

11 Units, 17% CoCR, Turnkey, $125K Under Market

Mike DeSorda
  • Prescott, AZ
Posted

Hot Phoenix Multifamily Property – Won’t Last Long

Don't be the one left out of this opportunity!

Well-maintained, solidly-build, multifamily garden low-rise Class B in historical well-kept, trendy, and upcoming neighborhood, minutes from downtown Phoenix. Between expected continued strong market appreciation in Phoenix, effective 100% occupancy, and rent upside, purchaser of this property can expect instant substantial increases in NOI and property value with continued appreciation years to come.

Cap rate of 6.5% compared to current Phoenix cap rate of 5.6%, providing an instant property value increase. Current NOI of $85K, with a rent upside that will increase NOI upwards of $32% to ~$125K, increasing the property value by $615K very quickly.

Contact me ASAP for details.

Offering

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