Gerchick Real Estate
This listing was posted on Gerchick Real Estate (via ListedBuy).
$1,095,000
9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096
Price:
$1,095,000
Location:
9033-9047 N 11th St, Phoenix, AZ
Description:
Investment Opportunity: Fully Occupied 6-Unit Apartment Building-WOW! Use 2 residential loans to purchase! Welcome to your next lucrative investment venture! We're thrilled to present to you a prime real estate opportunity nestled in the heart of east Sunnyslope, boasting a fully occupied 6-unit apartment building that's generating exceptional returns. This C-class property stands out with its impressive features, promising steady income and substantial growth potential Investment Opportunity: Fully Occupied 6-Unit Apartment Building Welcome to your next lucrative investment venture! We're thrilled to present to you a prime real estate opportunity nestled in the heart of east Sunnyslope, boasting a fully occupied 6-unit apartment building that's generating exceptional returns. This C-class property stands out with its impressive features, promising steady income and substantial growth potential. Key Highlights: Stable Income: This property is fully occupied, ensuring a consistent cash flow from day one. With all units leased, you can count on reliable monthly income without the hassle of vacancies. High Yield: At an impressive 8.3% cap rate, this investment promises excellent returns compared to industry standards. Your money works hard for you, delivering attractive yields and long-term wealth accumulation. 3 Charming Amenities: Residents enjoy the convenience of storage rooms, providing additional space for their belongings. Plus, some units offer the luxury of private backyards, perfect for relaxation and outdoor activities. New landscaping adds to the property's appeal, enhancing its curb appeal and attracting quality tenants. Income Stability: Investing in multi-unit properties offers diversification and resilience. Even during economic downturns, saleal properties tend to remain stable, providing a hedge against market volatility. Investment Details: ยช Location: Strategically situated in a desirable neighborhood, this property. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Amenities:
Storage
For sale by:
Agent/Broker
Agent Name:
Gerchick Real Estate
Posted:
May 18 on ListedBuy
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More About this Listing: 9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096
9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096 is a Multi-Family Real Estate for Sale at 9033-9047 N 11th St in Phoenix AZ. Find other listings like 9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096 and listings near 9033-9047 N 11th St by searching Oodle Classifieds for Multi-Family Real Estate for Sale in Phoenix AZ.
9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096 is a Multi-Family Real Estate for Sale at 9033-9047 N 11th St in Phoenix AZ. Find other listings like 9033-9047 N 11th St, Phoenix, AZ 85020 - MLS 6693096 and listings near 9033-9047 N 11th St by searching Oodle Classifieds for Multi-Family Real Estate for Sale in Phoenix AZ.