Rare Arcadia Multi Family Opportunity
Arcadia Multifamily | 9.37% CAP | 5 Units
Marketing description
Located in Arcadia Lite on a 0.54-acre R-3 zoned lot, this property includes a 3 bed / 2 bath single-family home and a four-plex, with each unit offering a full 1 bed / 1 bath and private backyard areas. The R-3 zoning allows for additional units to be built on the west side of the property, offering strong upside for future development.
The property underwent a full cosmetic remodel in 2022 and includes a pool (exclusive to the main house), a bocce ball court, and a small putt-putt golf area. Block walls surround the perimeter for added privacy.
This setup lends itself well to a variety of uses—long-term or short-term rentals, sober living, residential assisted living, and more. The property was previously leased for $24,000/month and averaged $28,000/month in January, February, and March of 2025. Financials are available upon request.
For more details, contact Armando at (480) 417-1759 or Bryant at (480) 703-5914.
Investment highlights
5 Units in Arcadia Lite, Arizona
Fully renovated in 2022
R-3 Zoning allows for additional units to be built
Opportunity for higher rents with lease renewal or new sober/assisted living company
Current 9% Cap Rate
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