How about owning a Low Priced 2 bedroom 2 bath condo near Grand Canyon University. If you are an Investor or maybe you are the parents of a student that wants to go to this University then take a look at this Low Priced 2 bedroom 2 bath condo near Grand Canyon University that is for sale at $67,500.
As an Investor, you will want to know that the last tenant was paying approximately $800 per month. The HOA fee covers a blanket insurance policy, roof repair, exterior maintenance, the swimming pool, the grounds, the covered parking, all of the units are single level, the maintenance of the street, and the privacy gate. The A/C unit is about 5 years old. The 38 unit complex has mostly primary residences. The "cap" rate on this unit should work for your portfolio.
As a parent/s of a student that is going to Grand Canyon University owning a unit like this makes a great deal of financial sense. Take a look at the cost of a dorm and food for 4 years, then look at the cost of owning the Low Priced 2 bedroom 2 bath condo near Grand Canyon University and you will see the condo ownership makes more sense. Do not forget at the end of the 4 years you can sell the unit and since the unit has 2 bedrooms and 2 baths, your student could get a room-mate and charge them a modest rent. Is it now time to call Jim Miner at 602-345-0433 for more information or a viewing of this Low Priced 2 bedroom 2 bath condo near Grand Canyon University. Not only is this unit good for students at Grand Canyon University, it is also good for students of Arizona State University. The reason being, this 2 bedroom 2 bathroom condo for sale at $67,500 is very close to the light-rail system. By making the short drive to the light-rail and parking, you can get to the downtown medical school or continue on east and get to the main campus of the Arizona State University.
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