5 SINGLE FAMILY HOMES PACKAGE DEAL 11 PERCENT CAP RATE 2023 BUILDS

Pinal County, Eloy, AZ, 85131
Sold
Listed at: April 25th, 2023
Price
$1,155,000
ARV
$1,375,000
Gross Margin
$220,000
Sq. Footage
1477
Type
Single-Family
Parking
Garage
Year build
2023
Lot size
0.38 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

GREAT BUY AND HOLD OPPURTUNITY !

3 BED/ 2 BATH/ 2 CAR GARRAGE ALL 5 HOMES

1477 SQUARE FEET ALL 5 HOMES

2 LOTS 16,360

3 LOTS 15,051

2023 YEAR BUILD

SELLER IS PREPAYING $1800/MONTH FOR 18 MONTHS OF RENT ON EACH PROPERTY. $162,000 TOTAL PACKAGE. FOR EACH PROPERTY WILL BE HELD IN AN ESCROW ACCOUNT AND DISPERSED TO BUYER ON A MONTHLY BASIS, BUYER IS GURANTEED $1800 A MONTH PER PROPERTY X 5 FOR A TOTAL OF $9000 A MONTH FOR 18 MONTHS. TENNANTS WILL OCCUPY FOR 18 MONTHS. 11 PERCENT CAP RATE EACH HOUSE AVERAGES $235,000 PER PROPERTY.

3705,3715, 3725, 3735 n ALGODON, 375 N BANDELIER THESE ARE THE ADDRESSES FOR THE 5 PROPERTIES

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Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Meredith

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