7625 N 19th Ave. #135, Phoenix, AZ 85021

INVESTOR SPECIAL! Tenant Occupied large 1,240SF 3 Bedroom 2 bath condo. Just $28/SF! Community laundry and pool, nice walking paths. Condo is rented for $843/month and after expenses the net income is $4,591/yr with a CAP rate of 13%. HOA Dues(included in expenses) are $250/unit/month(Central hot water). See attached financial proforma. Los Olivos is a 64-unit, garden-style condominium conversion located in a strong rental area of north central Phoenix. Built in 1968, Los Olivos has a flat roof, block construction, 9 one and two-story buildings and is individually metered for utilities.