6 unit in North Phoenix-almost 100K in renovations

8816 N 6th Place Phoenix, AZ 85020

8816 N 6th Place, Phoenix, AZ, 85020
8816 N 6th Place, Phoenix, AZ, 85020 8816 N 6th Place, Phoenix, AZ, 85020 8816 N 6th Place, Phoenix, AZ, 85020 8816 N 6th Place, Phoenix, AZ, 85020
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$499,000
Cap Rate:
6.00%
Last Verified:
Jan 25, 2020

The owner has spent almost 100K in rehab and the last unit is being completed. There is a new electrical panel and new roof. New Landscaping has been done along with exterior painting (one section to be completed). New Laundry Room Lease is in place.  All of the units have been released.   Drive by only! Buyer to verify all facts and figures.Look at the HIGH Rent Roll. Owner has spent over 100K on rehab! There are 6 units collecting rent with laundry room income in place. 85020 the prices are climbing and the area is a great rental market.  All Tile floors, new large hot water heater. New Landscaping along with much more. See the listing of capital improvements.  See the Doc tab for current financials and rent roll along with much more. Buyer to verify all facts and figures.


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Map of 8816 N 6th Place, Phoenix, AZ, 85020

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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