All Forum Posts by: Fernando G.

6 COMMERCIAL SUITES

4711 W Ocotillo Rd, Glendale, AZ 85301

PURCHASE PRICE $163,500

Monthly Income:$2100 Monthly Expenses:$885 Monthly Cash Flow:$1,214.17 Pro Forma Cap Rate: 8.65%, NOI$14,570.00, Total Cash Needed $168,500.00, Cash on Cash ROI 8.65%, Purchase Cap RatE 8.91%.

To request mo re info contact me at [email protected] or 602-664-0751

This is a fantastic commercial cash flow opportunity!! You never see assets like this available in this price range! There are 6 units in the building all of which have the identical size and layout. Each suite is approximately 360sf with its own A/C unit, security system, bathrooms and are individually metered. There is no house meter for electricity and just a water meter for expenses. The property has 9 parking spaces. Each suite should lease for $350 making the gross annual rents $25,200!!! Solidify the leases and you have the GOLDEN GOOSE of all investment properties. This is a no-brainer for anyone looking to put money into a secure investment where they can make awesome, consistent cashflow.