6733 N 54th Avenue Glendale, AZ 85301
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This offering is a 10-unit/four parcel assemblage (sold together only). Long-term owner, self-manages. Attractive Seller Financing is available with 30% down. Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 60% of the units have recent upgrades. The combined sf of the units is about 8700 total sf or $201/sf. The unit mix over nine buildings consists of: (1) 4 bed/2 bath house; (3) 3 bed/1 bath houses; (1) 2 bed/1 bath houses; (4) 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $300/m for w/s/t, electric. Proforma/market rents are about $12, 800/month. 7+ CAP after finishing the value-add/maximizing rents. Flexibility to upgrade/sell off each parcel or hold long-term as a package. Buyer to complete/rely on own DD.
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen online |
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-05-16 09:35 PM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.