Arizona City Unit 12 | 9900 W Lynx Dr
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Arizona City Unit 12 9900 W Lynx Dr
4 Unit Apartment Building $630,000 ($157,500/Unit) 8% Cap Rate Arizona City, AZ 85123
Investment Highlights
- FULLY FENCED YARDS
- LOTS OF NATURAL LIGHT
- ALL TILE FLOORS
Executive Summary
FULLY LEASED 4 PLEX CONSISTING OF 2 DUPLEX'S ON THE SAME LOT! EACH FULLY TILED WITH INSIDE LAUNDRY ROOM, 2 BEDROOMS 1 BATHROOM EACH WITH PRIVATE FENCED YARDS. ALL APPLIANCES INCLUDED WITH EACH UNIT. INSTANT MONEY MAKER AT $1050.00 A UNIT. A/C HEATER UNITS ALL MAINTAINED ANNUALLY WITH REGULAR FILTER CHANGES.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$16,800
|
$5.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,150
|
$0.97
|
| Effective Gross Income |
$13,650
|
$4.18
|
| Taxes |
$1,665
|
$0.51
|
| Operating Expenses |
$1,200
|
$0.37
|
| Total Expenses |
$2,865
|
$0.88
|
| Net Operating Income |
$10,785
|
$3.30
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $16,800 |
| Annual Per SF | $5.15 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,150 |
| Annual Per SF | $0.97 |
| Effective Gross Income | |
|---|---|
| Annual | $13,650 |
| Annual Per SF | $4.18 |
| Taxes | |
|---|---|
| Annual | $1,665 |
| Annual Per SF | $0.51 |
| Operating Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.37 |
| Total Expenses | |
|---|---|
| Annual | $2,865 |
| Annual Per SF | $0.88 |
| Net Operating Income | |
|---|---|
| Annual | $10,785 |
| Annual Per SF | $3.30 |
Property Facts
| Price | $630,000 | Apartment Style | Low Rise |
| Price Per Unit | $157,500 | Building Class | C |
| Sale Type | Investment | Building Size | 3,264 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2003 |
| Property Subtype | Apartment | Parking Ratio | 0.31/1,000 SF |
| Price | $630,000 |
| Price Per Unit | $157,500 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 3,264 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2003 |
| Parking Ratio | 0.31/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
- Yard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,050 | 816 |
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zoning
| Zoning Code | MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS) |
| MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS) |
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Arizona City Unit 12 | 9900 W Lynx Dr
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