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7137 S 68TH Glen

Laveen, AZ 85339
  • $680,000
  • STATUS: Active
  • ID#: 6552702
$680,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2007
County:
Area:

School Ratings & Info

Description

Are you seeking an investment opportunity that generates passive income? Look no further than this exceptional Behavioral Health Facility. With a current cap rate of 6.8%, this property is licensed for up to five residents, and represents a rare opportunity for savvy investors.The owner pays all HOA fees, property taxes, and home insurance, Additionally, this property is currently leased for 5 years, with an annual rental increase of $200 per month, providing a steady stream of income.If you're looking for a smart, low-maintenance investment with significant upside potential, this Behavioral Health Facility is a must-see. Don't miss out on this rare chance to generate passive income

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T00:15:09.437.
www.joshberkley.com/homes/139247652
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7137 S 68TH Glen Laveen, AZ 85339

  • Price: $680,000
  • Status: Active
  • On Site: Days
  • ID#: 6552702
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2007
Built
Neighborhood:
Laveen Farms Unit 2
County:
Maricopa
Area:
Laveen
Property Description
Are you seeking an investment opportunity that generates passive income? Look no further than this exceptional Behavioral Health Facility. With a current cap rate of 6.8%, this property is licensed for up to five residents, and represents a rare opportunity for savvy investors.The owner pays all HOA fees, property taxes, and home insurance, Additionally, this property is currently leased for 5 years, with an annual rental increase of $200 per month, providing a steady stream of income.If you're looking for a smart, low-maintenance investment with significant upside potential, this Behavioral Health Facility is a must-see. Don't miss out on this rare chance to generate passive income
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 2.00 Lot Size Dimensions N/A Parking Garage Roads Asphalt Roofing Tile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 2 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDisposalMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating Natural Gas

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 48960.00 Annual Other Expense 924.96 Annual Ownr Asoc Fee 900.00 Community Amenities No Pool Cross Street Baseline & 71st Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 48960.00 Hoa YN Yes Net Operating Income 45085.10 New Financing 1031 ExchangeConventional Operating Exp 3875.96 Other Income 0.00 Owner Pays Other Project Type 5 - 12 UnitsOther (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 2051.00 Tenant Pays ElectricGasSewerTrashWater Vacancy Allowance 0.00 Water City Franchise Zoning Residential

Arizona Regional MLS logo Listing provided by W And Partners, Llc: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T00:15:09.437.
 
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Keller Williams Southern Arizona - The Josh Berkley Team
1849 N Kolb Road
Tucson AZ, 85715