Listed by City to City Commercial
$4,995,000
Latona Fontaine
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 17,827
Units 11
Cap Rate 5.89%
NOI $294,398
Price per SqFt $280
Year Built 2024
Multifamily | 5.89% CAP | 11 Units
Marketing description
Introducing a stunning collection of brand-new rental homes located in the rapidly growing South Phoenix submarket. These newly constructed residences blend modern design, quality finishes, and community convenience, making them ideal for families, professionals, and long-term renters seeking a turnkey lifestyle.
With a booming population and increasing demand for single-family rentals, this new development represents a strategic addition to any investor's portfolio. Modern homes, rising rental rates, and low vacancy trends in South Phoenix position these units for long-term value and stable cash flow.
Investment highlights
- 11 Residential Single Family Homes
- New Construction (2024) Built with energy-efficient systems, contemporary layouts, and low-maintenance landscaping.
- Convenient Location Minutes from Downtown Phoenix with the new Light Rail extension, Sky Harbor Airport, Loop 202 & 1-10 Freeways, and major employment hubs..
- Strong Rental Demand South Phoenix continues to attract renters due to its affordability, improving infrastructure, and proximity to schools, parks, and retail centers.
Listing Contacts
Listed by City to City Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$294,398.00
$24,533.17/mo
Valuation Metrics
0
DSCR
5.89%
Cap Rate
5.89%
ROI
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