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Archived over 4 years ago

$850,000

5+ bd 4+ ba 7296 sqft

7180 N 80th Ave, Glendale, AZ 85303

Residential SFR Occupied Off MLS

Current Rent **

$7,700

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

14 Unit Multi-Family Glendale, AZ

14 UNIT VALUE-ADD OPPORTUNITY in Glendale AZ. Here are a few of the the property details.

OWNER CARRY!
Only $61K per door (comps are $63-$77K/door)
Many recent capital improvements!
Good stable property that enjoys high occupancy rate!
Smaller property easy to manage!
Rents are $100-$200 per month below market – Raise rents $100 per month and increase property value $200K!

ALL property details are here in this flyer, click here to view. THIS PROPERTY WILL NOT LAST! Good opportunity as-is. GREAT opportunity for quick upside and appreciation through rent increases.
Contact Drew directly at 602-481-2990 to discuss further.

Location:

7180 N 80th Ave, Glendale, AZ 85303

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.