2260 E Wildhorse Place, Chandler, AZ 85286
- $6,277,000
- List Price
- $6,277,000
- Status
- ACTIVE
- Days on Market
- 131
- MLS#
- 6508683
- City
- Chandler
- Lot Size
- 7
- Year Built
- 1996
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
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Additional Information
- Gross Annual Sch Inc
- 498700
- Adjusted Gross Inc
- 498700
- Taxes
- $1,559
- Annual Other Exp
- 124330
- Operating Exp
- 125889
- Net Operating Income
- $373,369
- Units
- 28
- Project Type
- 5 - 12 Units, Other (See Remarks)
- Construction
- Block, Other (See Remarks)
- Roofing
- Comp Shingle, Other (See Remarks)
- Parking
- Other (See Remarks)
- Cooling
- See Remarks
- Heating
- See Remarks
- Floors
- Carpet, Other, Vinyl, Wood
- Zoning
- PAD
- Subdivision
- Pecos Aldea Unit 7
- Community Amenities
- See Remarks
- Electric
- Other (See Remarks)
- Gas
- Other (See Remarks)
- Water
- See Remarks
- Sewer
- Other (See Remarks)
- Tenant Pays
- Other (See Remarks)
- New Financing
- 1031 Exchange, Conventional, CTL
- School District
- Chandler Unified District
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