This is NOT listed on the MLS

Single Story For Sale in North Central Phoenix

•  single story - $2,995,000

North Central Phoenix, Phoenix  -  This income producing property is truely an income producer. 56 units at just $2,995,000 makes this apartment complex one of the best purchases available in the Metro Phoenix Area. Current owner has owned this property in excess of 8 years and is now retiring due to health reasons. This property features new roofs within the last 3 years, completely tiled flooring. The construction on these is of the mid 70s and is block constructed. The cap rate on this one is 8.00. This property is a must see and is situated on 2.17 acres. This property features 55 / 1 bedroom units that rent out at $550.00 per month. 1 / 2 bedroom unit that is currently the onsite managers unit. Click on the commercial property button to view more Multi-Family Investment Opportunies. http://markarcher.point2agent.com