Photo 1 of 1
$329,000
Sold on 11/18/16
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,376 |
1916 |
On the market:
123 days
|
View full details, 15 photos, school info, and price history
Very private and quiet mobile home park and single family home located near the base of South Mountain. The Seller has made several improvements and this means the new Owner can sit back and collect rents! Included in this property are 6 Seller owned mobile homes, 1 leased pad and a single family home for a total of 8 units. With gross operating income of $57,570 and operating expenses of $19,791, this property delivers a NOI of $37,779 at a cap rate of 10.82%!! Located near the base of South Mountain, minutes from Downtown Phoenix. Close to high density employment areas in and near Downtown Phoenix and to the West. Drive by only, please do not disturb tenants.
Listing courtesy of James Hill, Better Homes & Gardens Real Estate SJ Fowler & Better Homes & Gardens Real Estate SJ Fowler