Portfolio of 5 For Sale
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Portfolio of 5 For Sale
5 Office Properties Offered at $825,000 in Phoenix, AZ
Executive Summary
This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey. The selection of fully renovated 2-bedroom, 1-bath units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio. With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream. The convenient location and amenities make these units highly desirable for tenants, ensuring a steady flow of rental income for investors. Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.
Taxes & Operating Expenses (Pro forma - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$77,520
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$77,520
|
| Taxes |
$1,164
|
| Operating Expenses |
$30,283
|
| Total Expenses |
$31,447
|
| Net Operating Income |
$46,073
|
Taxes & Operating Expenses (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $77,520 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $77,520 |
| Taxes | |
|---|---|
| Annual | $1,164 |
| Operating Expenses | |
|---|---|
| Annual | $30,283 |
| Total Expenses | |
|---|---|
| Annual | $31,447 |
| Net Operating Income | |
|---|---|
| Annual | $46,073 |
Property Facts
| Price | $825,000 | Status | Active |
| Price / SF | $197.37 / SF | Number of Properties | 5 |
| Cap Rate | 5.80% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,180 SF |
| Price | $825,000 |
| Price / SF | $197.37 / SF |
| Cap Rate | 5.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 4,180 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Mountain Springs Terrace
18202 N Cave Creek Rd, 1st Floor - Unit 157, Phoenix, AZ 85032 |
Office Condo | 836 SF | 1983 | - |
|
Mountain Springs Terrace
18202 N Cave Creek Rd, 1st Floor - Unit 129, Phoenix, AZ 85032 |
Office Condo | 836 SF | 1983 | - |
|
Mountain Springs Terrace
18202 N Cave Creek Rd, 1st Floor - Unit 111, Phoenix, AZ 85032 |
Office Condo | 836 SF | 1983 | - |
|
Mountain Springs Terrace
18202 N Cave Creek Rd, 1st Floor - Unit 151, Phoenix, AZ 85032 |
Office Condo | 836 SF | 1983 | - |
|
Mountain Springs Terrace
18202 N Cave Creek Rd, 2nd Floor - Unit 251, Phoenix, AZ 85032 |
Office Condo | 836 SF | 1983 | - |
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Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Stainless Steel Appliances
- Instant Hot Water
Site Amenities
- Clubhouse
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
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Portfolio of 5 For Sale
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