4 unit apartment investment property for sale in North central Phoenix

Price $350,000

Priced at $350,000 with a 7.1 Cap rate, call for an IRR analysis (clients only)

North Central Phoenix Fourplex along with the neighboring fourplex is a great 8 unit investment property with low maintenance desert landscaping and great elevated lots which could be redeveloped in the future with greater density, townhomes or several single family homes with great mountain and city views.  Property has been well taken care of and many of the units have been to some extent remodeled.  The building was repainted in 2006.
1111 E. Butler Rd. must be sold with 1105 E. Butler Rd.   8 Units with Residential Financing.

• Desert landscaping
• Several 5 year old trees planted.
• Close to I-51 freeway.  It's just 5 minutes away.
• Only 15 minutes away from downtown Phoenix.
• One large 2 bedroom and 2 bath unit with covered parking plus 3 one bedroom units in the back.
• Great mountain views.
• Large 10,006 sf. lot.

This Phoenix property must be sold with 1105 E. Butler.  Information Here.