Listed by ORION Investment Real Estate
$465,000
South Phoenix Redevelopment Opportunity
Details
APN 114-28-090, 114-28-092, 114-28-094
Property Type Multifamily
Sub Type Apartment Building
Units 4
Class C
Investment Type Value Add
SOUTH PHOENIX REDEVELOPMENT OPPORTUNITY
Marketing description
• MAXIMIZING CURRENT LEASE REVENUE, THIS IS A GREAT COVERED LAND PLAY
• FLEXIBLE FINANCING OPTIONS: RESIDENTIAL/ FHA/ VA
• IDEAL FOR INVESTOR SEEKING REPOSITIONING OPPORTUNITY
• LOCATED IN GROWING RESIDENTIAL AREA OF SOUTH PHOENIX
• POTENTIAL TO DELIVER STRONG RETURNS UPON RENOVATION/ REDEVELOPMENT
• SECTION 8 TENANT CURRENTLY OCCUPYING
• COLLECTED RENT PER MONTH: $1,795
• EXISTING STRUCTURES OUTSIDE OF THE HOME BUILDING NEED TO BE DEMOLISHED ACCORDING TO THE CITY OF PHOENIX.
Listing Contacts
Listed by ORION Investment Real Estate
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