Monday, June 13, 2011

48-UNIT - HERMOSA PALMS - PHX-AZ - $670,000 - $14k/UNIT - $37/SQ-FT

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

Pete Newcome
707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

 

http://wholesalepropsbypete.com 

 

Fireshot_capture_123_-_wholesale-props-image-of-pete_-_no_click-4-video

 

 

48-UNIT - HERMOSA PALMS - PHX-AZ - $670,000 - $14k/UNIT - $37/SF

Property Type:   Multifamily

Status: Available

Address:

43-North Harris
Mesa, AZ  85202

Number of Acres: 0.75

Square feet: 17,730

Number of Units: 48

Number of Bedrooms: 48

Number of Bathrooms: 48

Sale or Lease: Sale

List Price: $670,000

Information: 

48-UNITS
BUILT - 1987
PRO FORMA
CAP RATE - 7.4% - (BASED ON CURRENT RENTS)
LESS THAN $14,000/UNIT - ($37/SQ. FT.)
50% - OCCUPANCY
30-STUDIOS + 18-1/BDRM UNITS
RECENTLY REHABBED/REFURBISHED
CLOSE TO MAJOR HWY - SHOPPING CTRS. - ENTERTAINMENT - LARGE EMPLOYERS

  

 

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