196005 Resource 164807 165387 165387 1201732989237 1202567288285 Controlled Phoenix Investment Apartment For Sale

Central Phoenix Fourplex with good income.

<p>Located in North Central Phoenix this Phoenix fourplex has good access to all amenities.</p><p><strong>Location:</strong></p><p>Schools, several shopping centers and a major hospital are all near by.&nbsp; The I-15 freeway is only few minutes away and downtown Phoenix is a straight shot down 12th st. </p><p><strong>Property:</strong></p><p>The fourplex is comprised of all large 930sf.&nbsp; 2 bedroom and 2 full bath units.&nbsp; Each has a storage unit accessible from the outside.&nbsp; For resident convenience there is a laundry facility in each units.</p><p>All units have been remodelled in part or in whole. Remodels include 3 new kitchen, newer appliances, new bath cabinets and fixtures plus other replacements.&nbsp; Most of the flooring is hard surfaces with the 2 bottom units with ceramic tiles throughout and a combination of tile, wood, and carpet upstairs.</p><ul><li><font size="2" face="Verdana"><strong>Priced competitively&nbsp;at $329,000</strong></font></li><li><font size="2" face="Verdana">Cap rate 8.7% (Actual)</font></li><li><font size="2" face="Verdana">Cap rate 8.9% (Proforma) 2008 projections.</font></li><li><font size="2" face="Verdana">GRM&nbsp; 10 (Actual)</font></li></ul><p>This is a great low maintenance property with good income and in good condition.&nbsp; It will make a great investment as the area developes and improves.</p><p><a title="North Central Phoenix apartment for sale" href="http://www.arturciesielski.com/agents_pictures/68714.pdf" target="_blank">Download the Phoenix fourplex property brochure</a> for more information about income and expenses.</p><p>Search for other <a title="Multifamily investment apartments in Phoenix" href="item/194466" target="_blank">multifamily properties in Greater Phoenix</a>.</p><p><a title="Artur Ciesielski, CCIM" href="http://www.ccimpartners.com/artur" target="_blank">Contact me</a>, Artur at 602-628-4349 about this property or other Phoenix apartments for sale.</p> 9 application/xml false multifamily in phoenix phoenix apartments for sale phoenix fourplex phoenix investment real estate phoenix multifamily search phoenix real estate Investment real estate in Phoenix item/194466 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.11) Gecko/20071127 Firefox/2.0.0.11 127.0.0.1 127.0.0.1 aciesielski 68.3.229.91 false true false false true 176502 false false true false false false true 164807 blog blogsite/ArturCiesielski/web