NORTH COOLIDGE
Property • Multiple Dwellings
Web ID # 6935624
$689,900.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
Cash cow with nice upgrades. Operating at an 8.5 CAP +/-. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot. Located in an opportunity zone (OZ) in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many upgrades have been completed, including 4 of the 6 units, some plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing upgrading. Highly stabilized with excellent cash flow is a hard get in this market. Locally owned/self-managed. Current CAP rates around PHX are much lower based on current listings. This is a property with nice upgrades & solid rents in place already. Please do not disturb the tenants.
AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Dwelling Type: Multiple Dwellings
Subdivision: NORTH COOLIDGE
Year Built: 1963, County: N/A
AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Listing is courtesy of Better Homes & Gardens Real Estate SJ Fowler
