Listed by Keller Williams Arizona Realty
$1,925,000
Eleven on 10th Street
Details
APN 504-23-0760
Property Type Multifamily
Square Footage 7,795
Units 12
Cap Rate 7.24%
NOI $139,294
Occupancy 100%
Pro-Forma Cap Rate 7.91%
Pro-Forma NOI $152,244
Price per SqFt $247
Class C
Year Built 1984
Year Renovated 2025
Buildings 4
Stories 1
Lot Size (SqFt) 28,000
Zoning MultiFamily
Investment Type Stabilized
Sale Condition 1031 exchange
Easy Keeper!!
Marketing description
Perfect Unit Mix
Fenced Backyards
Updated Units
$152,290.00 Gross Rents Actual
Trending @ $165,240.00 Gross Rents
Investment highlights
11 unit Single Story Apartment Community. Perfect Unit Mix includes Two 3 Bedroom, Six 2 Bedroom & Three 1 Bedroom Units! Easy to rent. Owner only pays sewer/trash. Rents Total $13,770 per month!
Easy Keeper & Strong Income Producer! Close to Main Street, Downtown, Shopping & Restaurants! Laundromat next door. Marketing in cooperation with listing ofc. Elite R/E Pros.
Located across the street from First American Credit Union and Other Small Businesses.
Listing Contacts
Listed by Keller Williams Arizona Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$139,294.00
$11,607.83/mo
Valuation Metrics
0
DSCR
7.24%
Cap Rate
7.24%
ROI
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