Investment Summary
Great unit mix! One 5 Plex 2 story building and 2 single family homes all on 1 parcel. Great Cash flow with stable month to month Tenants! Room to increase rents right away with minimal to Zero cost for the new owner! Walking distance from Glendale high school. Don’t miss the opportunity, put in an offer today!
Offering
Price: $1,279,999
Cap Rate: 6.35%
No. Unit: 7
Building Size: 5.577 SQ FT
Year Built: 1960
APN: 143-37-014
Financial Summary
| Gross Rental Income | $95,100 |
| Effective Gross Income | $94,505 |
| Total Expenses | $14,422 |
| Net Operating Income | $81,292 |
Unit Mix
| Description | No. Units | Avg. Rent | SQ. FT. |
| 1 Bed 1 Bath | 2 | $900 | 551 |
| 2 Bed 1 Bath | 3 | $1,100 | 855 |
| 3 Bed 1 Bath | 2 | $1,350 | 955 |
6146 W Palmaire Ave Glendale Arizona 85705
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