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Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
596
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390
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Arizona turnkey 4plex for sale

Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
Posted Nov 6 2010, 09:08

I am looking to move money to a larger project and am considering selling a 4plex I own in Florence, AZ:

- 4 unit consists of 4bd, 2 3bd and 1 2 bd.
- 4 bd rented at $650, 3 bd rented at $550, 2 bd rented at $400 one 3bd is vacant but should be rented shortly
- Laundry machine income of $400 - $600 monthly (you would own 6 machines as part of the deal)
- Recent full remodel done
-Owner pays water approx $150/monthly
- Building is in 10 building development. $300 HOA fees monthly
- All tenants have jobs and work for the local department of corrections
- Built in late 70s and complex has lots of palm trees and a pool.
- Expenses have been roughly 40% and occupancy is typically very high
- Owner will carry via any method preferred, cash deal will get lower price.
- Can include property management in the deal for one year or can contract property management

Let me know if you want any more info. PM me for any other info if interested. Asking $85k or best offer.

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