312 E Kinderman Dr., Avondale, AZ 85323

Here is the perfect opportunity to build your portfolio & make between a 7.88 & 10.27% CAP (REAL CAP, NOT FLUFFY) on this 12 unit multi-family project. Most of the big ticket items have been done–Exterior Paint (2015), A/C Units (2013) & new Plumbing on 80% of the Property. Annual Rents are at $94,500 (Avg of $656.25/Mo Rent) but can be increased SIGNIFICANTLY to $115,200 EASILY (Based on Rents at $800/mo). Storage Room is currently utilized as a workshop but can be turned into a laundry center for an addl $5,000-10,000 in annual income. This is a diamond in the rough!!!! Some small deferred maintenance items will need to be taken care of in the near future but nothing is in immediate need/disrepair (Roof 3-5 year expectancy, Remaining 20% of plumbing, Etc.)