2819 E Monte Cristo Ave. #44, Phoenix, AZ 85032

Grt location on 75% occupied 4-plex with 7.5% pro-forma CAP. Conveniently located across from Palomino School, park, close to freeways. Community pool, large green area, 1 covered parking space per unit. HOA monthly dues $512 per mth per building (not unit) includes pool, common area & parking lot maintenance, porter, water & trash. HOA fee does not include management fees or building maint. Tenants pay electric. 3 units 2BR, 2Bth, 1 unit 2BR, 1-1/2 bath. Washer/dryer hook ups in each. 3 units rented: #101 @ $550 exps 8/31/14, #102 @ $570, expired 6/30/13, #103 @ $550 exps 1/31/14, Vacant unit upstairs being made rent ready. 2 newer A/C units. Seller put $20K in rehabbing units last 12 mths. Do not disturb tenants in other units. NOTE unit sizes approx. Total Bldg 3619