Description
THE OPPORTUNITYValue Add opportunity in gentrifying neighborhood. This is a classic4-Plex poised to take advantage of the on going gentrificationand rising rents in the Papago Village area. All long term tenants on Month to Month leases at $450, allows for raising rents to market rate quickly. Units consist of 3 - 2Bedroom/1 Bath and 1 - 1 Bedroom/1 Bath. All units have largeprivate backyards with washer and dryer hookups and coveredparking. Many new multifamily construction throughout the area,along with full renovations of existing product.THE LOCATIONPerfectly located South of Arcadia, easy access to the 143 Freeway.Minutes from Phoenix Sky Harbor International Airport, Scottsdale,Phoenix and Tempe.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
THE OPPORTUNITYValue Add opportunity in gentrifying neighborhood. This is a classic4-Plex poised to take advantage of the on going gentrificationand rising rents in the Papago Village area. All long term tenants on Month to Month leases at $450, allows for raising rents to market rate quickly. Units consist of 3 - 2Bedroom/1 Bath and 1 - 1 Bedroom/1 Bath. All units have largeprivate backyards with washer and dryer hookups and coveredparking. Many new multifamily construction throughout the area,along with full renovations of existing product.THE LOCATIONPerfectly located South of Arcadia, easy access to the 143 Freeway.Minutes from Phoenix Sky Harbor International Airport, Scottsdale,Phoenix and Tempe.
© 2021 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 Executive Realty Advisors | Keller Williams Realty Phoenix. Data last updated 2021-01-27T00:12:01.86.