4220 N Granada Drive, Eloy, AZ 85131
- $925,000
- 16
- BD
- 12
- BA
- List Price
- $925,000
- Status
- ACTIVE
- Price Change
- ▼ $23,000 1788483043
- Days on Market
- 200
- MLS#
- 6988556
- City
- Eloy
- Bedrooms
- 16
- Bathrooms
- 12
- Year Built
- 1964
Property Description
*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Lots of Room On Rents, Market are $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Eloy is a growing manufacturing Hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction
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Additional Information
- Taxes
- $2,474
- Net Operating Income
- $62,201
- Cap Rate
- 6.72
- Units
- 12
- Parking Features
- >1 Space Per Unit
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Heat Pump, Varies by Unit
- Heating
- Varies by Unit
- Zoning
- Unkonwn
- Community Features
- See Remarks
- Electric
- APS, Individual Meter
- Water
- City Franchise
- Tenant Pays
- Electricity, Gas
- New Financing
- Conventional, 1031 Exchange, Cash
Courtesy of Levrose Real Estate. 480-947-0600
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