Average square foot calculated using Size range provided by listing agent.
Description
Cash cow with nice upgrades. 8.35 CAP trending to an 8.5 CAP. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20, 000+ sf corner lot. Located in an opportunity zone (OZ) in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many significant upgrades have been completed, including 4 of the 6 units, major plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing some upgrading and raising rents. New 30-year 5-8 unit DSCR loan product would work well. 100% occupied, access to the units in escrow only. Highly stabilized with excellent cash flow is a hard get in this market.Show Description
MLS® Number6816626
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatOther, See Remarks, Individual, Window/Wall Unit(s), Electric
A/COther, See Remarks, Window/Wall Unit, Electric, Individual
Heating Fuel
Extras
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