2801 E Marconi Ave., Phoenix, AZ 85032

75% occupied four plex with 7.5% CAP. Conveniently located across from Palomino School & park. Community pool, green area, patios or decks & 1 covered parking space per unit. Units are 1-2BR, 2Bth, 1- 2BR, 1 & 1/2 Bth, 1-3BR, 3Bth & 1-1BR, 1Bth. Washer/dryer hook ups in each. #101 rented @ $690 3BR-exp 12/31/16, #102 vacant & rent ready - 1BR, #103 rented @ $550-exp 11/30/14, 2BR 1,5, BA #201 rented @ $525 2BR 2BA, exp 4/30/15. Seller has kept this property well maintained. Three HVACs have been replaced, HOA dues $512 per month per building (not unit). Includes pool, common area & parking lot maint, porter, water, sewer & trash. HOA fee does not include management fees or building maint. Tenants pay electric. NOTE unit sizes approx. Total Bldg 3618SF.