For Sale
$7,070,000

101080 Home Sfr PortfolioPhoenix, AZ 85037

High-Yield Investment Opportunity in Phoenix

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multifamily investment opportunity consists of a portfolio of four single-family rental homes located in Phoenix, Arizona, totaling 25,954 square feet on a 93,653 square foot lot. Built in 2002 and renovated in 2012, the property boasts a 100% occupancy rate, generating a current NOI of $266,718 and a pro-forma NOI of $272,325. The asking price is $7,070,000, representing a current cap rate of 3.77% and a pro-forma cap rate of 3.85%. Each unit offers significant value at $1,767,500. The property features a fee simple ownership structure and benefits from a price per square foot of $272.41. This cash-flow investment presents a compelling opportunity for institutional investors seeking a stable and high-performing asset in a desirable location. The property's strong performance metrics, coupled with its prime location in Phoenix, AZ, make it an attractive addition to any diversified real estate portfolio. The portfolio's solid occupancy rate and recent renovations minimize deferred maintenance, ensuring a smooth transition for the new owner. This is a turnkey investment ready for immediate income generation. The property is located in Maricopa County, Arizona, with a zip code of 85037.

Highlights

  • 14 single-family homes in Peoria, Phoenix, and Sun City.
  • Seven 3-bedroom and seven 4-bedroom homes, averaging 1,853 square feet.
  • Built in 2002 (average), with renovations between 2013-2022.
  • Self-managed portfolio with 100% occupancy and fully vetted tenants.
  • Average asking price: $428,000.
  • Minimal deferred maintenance; significant capital expenditures deployed.

Property Details for 101080 Home Sfr Portfolio

Property type
Residential income homes
Square Feet
25,954 SF
Year Built/Renovated
2002/2012
Buildings
4
Units
4

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4895398
Longitude
-112.256285
101080 Home Sfr Portfolio, Phoenix, Arizona

FAQs

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101080 Home Sfr Portfolio
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