1813 N 18th St., Phoenix, AZ 85006

Awesome turnkey 4 plex next to Phoenix Children's Hospital. This property is in fantastic shape and has been well maintained by the current owner. You will not find a cleaner 4 plex in the area. 3 A/C units were recently serviced and the fourth is brand new. This 4 plex is being sold based on the numbers and performance. This property projected total rents of $22,860 less 5% vacancy of -$1,143 per year so $21,717 adjusted gross income. Then after projected expenses of $9,453 the amount an investor is projected to income is $12,264 per year based on pro forma. This is a 7% CAP Rate.