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27821038
27821039

7156 N 66th Dr, Glendale, AZ 85301

RH
AZ SA640657000
Keller Williams Arizona Realty
Listed by Keller Williams Arizona Realty
$665,000
224 days on market
Updated 4 days ago
Opportunity zone

Updated 4plex / Easy Keeper!!

Details
APN 143-29-019
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,726
Net Rentable (SqFt) 2,726
Units 4
Cap Rate 6.19%
NOI $41,160
Occupancy 100%
Pro-Forma Cap Rate 6.55%
Pro-Forma NOI $43,560
Class C
Year Built 1983
Year Renovated 2021
Buildings 1
Stories 2
Lot Size (SqFt) 6,774
Zoning Multi Family
Investment Type Stabilized
Occupancy Date 01/01/2025
Ownership Investment
Sale Condition 1031 exchange

Value Add Opportunity!!

Marketing description

Beat the crowd! Add this updated 4plex to your portfolio before the opportunity is gone! Three of the four units have been renovated, including the exterior of the building. All units have new windows and doors. All units individually metered for electric. Shared laundry room has leased washer and dryer. All maintenance for washer and dryer is done by the leasing company. Three units are 2/1 and one unit is 1/1. Roof is approximately 9 years young. Tenants pay a $35/month utility fee which covers water/sewer/trash. Marketing in cooperation w/listing ofc Gile Commercial.

100% leased w/ month-to-month terms—ideal for investors seeking flexibility or value-add potential. Tenants enjoy comfortable living spaces with functional layouts and there is ample parking.

Convenient central location near shopping, dining, schools, services and freeway access.

If you're expanding your multifamily portfolio and looking for a stable / income-producing property, this one delivers excellent upside in one of Glendale's steadily growing rental markets!

Investment highlights

100% Occupied!

Newer Windows and Doors!

3 Units Fully Renovated / Value Add Opportunity!

Tenants are currently Month to Month!

Laundry Equipment Leased and maintained!

Listing Contacts

RH
AZ SA640657000
Keller Williams Arizona Realty
Listed by Keller Williams Arizona Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$41,160.00
$3,430.00/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

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Additional Information

Name
Rick Horst
License
SA640657000
Brokerage Phone
4803530394
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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