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2260 E Wildhorse Place

Chandler, AZ 85286
  • $6,277,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 6508683
UPDATED: 64 min ago
$6,277,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1996
County:
Area:

School Ratings & Info

Description

Turn key investment portfolio in the highly sought after Southeast Valley of Phoenix which includes the neighborhoods of Chandler and Queen Creek. Offering 7 hand curated and exceptional short term rental properties that have over $1M in renovation and remodeling costs. This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Phoenix housing market and some of its most desired neighborhoods. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations. The in place operations offer continued stability and favorable operational costs.In recent years, Phoenix's Southeast Valley has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The surrounding are is within close proximity to the Phoenix Mesa Gateway Airport which currently has 6 airlines that fly to more than 50 cities, the airport plans to add additional airlines and a new terminal in the next 5-10 years to accommodate the vast growth in the SE Valley. The airport sees more than 1.7M passengers annually. Other major employers in the area include: Apple, Facebook, Gulfstream, SkyBridge, ASU Polytechnic Campus, and Amazon. This is a bulk sale, the following parcel's are included - 303-30-199, 304-67-392, 509-02-675, 509-94-657, 304-68-470, 314-02-485, 304-88-551

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-28T10:17:13.56.
www.yournextphoenixhome.com/homes/136128106
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2260 E Wildhorse Place Chandler, AZ 85286

  • Price: $6,277,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 64 min ago
  • MLS #: 6508683
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1996
Built
Neighborhood:
Pecos Aldea Unit 7
County:
Maricopa
Area:
Chandler
Property Description
Turn key investment portfolio in the highly sought after Southeast Valley of Phoenix which includes the neighborhoods of Chandler and Queen Creek. Offering 7 hand curated and exceptional short term rental properties that have over $1M in renovation and remodeling costs. This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Phoenix housing market and some of its most desired neighborhoods. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations. The in place operations offer continued stability and favorable operational costs.In recent years, Phoenix's Southeast Valley has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The surrounding are is within close proximity to the Phoenix Mesa Gateway Airport which currently has 6 airlines that fly to more than 50 cities, the airport plans to add additional airlines and a new terminal in the next 5-10 years to accommodate the vast growth in the SE Valley. The airport sees more than 1.7M passengers annually. Other major employers in the area include: Apple, Facebook, Gulfstream, SkyBridge, ASU Polytechnic Campus, and Amazon. This is a bulk sale, the following parcel's are included - 303-30-199, 304-67-392, 509-02-675, 509-94-657, 304-68-470, 314-02-485, 304-88-551
Exterior Features

Construction BlockOther (See Remarks) Construction Finish Other (See Remarks)Painted Covered Parking Spaces 7.00 Lot Size Dimensions 111 X 73 Parking Other (See Remarks) Roads Treated Roofing Comp ShingleOther (See Remarks)

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling See Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetOtherVinylWood Heating See Remarks

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 3 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 2 Adjusted Gross Inc 498700.00 Annual Other Expense 124330.00 Annual Ownr Asoc Fee 0.00 Community Amenities See Remarks Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 498700.00 Hoa YN No Net Operating Income 373369.00 New Financing 1031 ExchangeConventionalCtl Operating Exp 125889.00 Other Income 0.00 Other Type House + Rental UnitsOther (See Remarks)Packaged Offering Owner Pays See Remarks Project Type 5 - 12 UnitsOther (See Remarks) Sale Includes Land & BuildingLaundry EquipmentOther (See Remarks)Personal PropertyPool Equipment Sewer Other (See Remarks) Source Of Financial Data Provided By Owner Tax Municipality Chandler Taxes 1559.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.00 Water See Remarks Zoning Pad

Arizona Regional MLS logo Listing provided by North & Co: 480-843-5101 .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-28T10:17:13.56.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206