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29956392
29956393

4220 N Granada Dr, Eloy, AZ 85131

EH
AZ SA 650759000
S.J. Fowler Real Estate, Inc.
Listed by S.J. Fowler Real Estate, Inc.
$995,000
99 days on market
Updated 0 days ago

12 on Granada

Details
APN 403-06-114A,B & C
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,864
Net Rentable (SqFt) 6,864
Units 24
Cap Rate 6.25%
NOI $62,195
Occupancy 100%
Pro-Forma Cap Rate 7.84%
Pro-Forma NOI $78,055
Price per SqFt $145
Class C
Year Built 1964
Buildings 3
Stories 1
Lot Size (SqFt) 33,781
Parking Spaces spaces
Investment Type Stabilized

Huge Upside on 12 Units With Residential Financing Opportunity

Marketing description

*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Lots of Room On Rents, Market are $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios. Eloy is a growing manufacturing Hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction

Investment highlights

3 Separate Parcel 4 Plex's for Residential Financing

Close To I 10

Nice Unit Mix

Well Maintained Units

100% Occupied All Tenants Month To Month

Room on Rents

Well Lighted

Lots of Parking

Laundry On Site

Listing Contacts

EH
AZ SA 650759000
S.J. Fowler Real Estate, Inc.
Listed by S.J. Fowler Real Estate, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,195.00
$5,182.92/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

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Additional Information

Name
Eric Hegarty
License
SA 650759000
Brokerage Phone
4803296083
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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