Under Market 16 Unit SFR Portfolio Listing Details & Market Data

Portfolio, Phoenix, AZ 85043

  • For Sale $4,500,000
  • Property Type Multi-Family
  • Property Size 20,782 SF
  • Units 16
  • Lot Size 2.03 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Dec 28, 2023
Primarily in the 85043 zip code south of the I-10 to the Salt River situated on both sides of Loop 202. Amenities include South Mountain Park and Preserve, Desert Sky Mall and many dining and entertainment venues. Large employers such as Amazon, FedEx, Walmart and Winco have distribution centers positioned here flanked by industrial parks accommodating many more.Opportunity to capitalize on sixteen 100% occupied single family rental residences built in the early 2000's with little deferred maintenance. Rents are significantly under market and tenants are month to month making this value add investment a money maker. Ongoing migration to the greater Phoenix area continues to support a strong rental market. Recession proof employers such Amazon, Walmart, Home Depot and others are nearby. Alternatively, the proximity to MLB and NBA arenas, golfing, shopping, dining, entertainment, museums and art galleries make these homes ideal short term rental properties. Easy access to the Loop 202 and I-10 freeways make these attractive for both short and long term rental tenants.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Huge upside potential on under market rents
  • Little deferred maintenance
  • Strong demand for short and long term rentals
  • Centrally located with great rental demographics
  • Accessibility to major freeways I-10 and Loop 202

Contacts

broker

Hani Aldulaimi

Hani Aldulaimi - KW Commercial - East Valley

(480) 900-8484

Location

Getting Around

  • Walk Score ®

    Car-Dependent (4)

  • Transit Score ®

    Some Transit (40)

  • Bike Score ®

    Somewhat Bikeable (31)
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Estrella Village
  • Zip Code 85043
  • Market Phoenix

Points of Interest

  • Jefferson/ 1st Ave

    6.74 miles

  • Van Buren/ 1st Ave

    6.78 miles

  • Washington/ Central Ave

    6.82 miles

  • Van Buren/ Central Ave

    6.84 miles

  • Roosevelt/Central

    6.91 miles

  • McDowell/ Central Ave

    7.00 miles

  • 3rd St/ Washington

    7.01 miles

  • 3rd St/ Jefferson

    7.08 miles

  • 19th Ave/ Camelback

    7.14 miles

  • Encanto/ Central Ave

    7.17 miles

  • American Natural Gas

    0.38 miles

  • QuikTrip

    0.79 miles

  • B51 Cheveron

    1.31 miles

  • Valero

    1.37 miles

  • Valero

    1.47 miles

  • Shell

    1.48 miles

  • Flying J

    1.52 miles

  • Circle K

    1.71 miles

  • Mobil

    1.79 miles

  • Circle K

    1.83 miles

  • tractor trailer parking

    1.55 miles

  • tractor trailer parking

    1.59 miles

  • Secondary Parking Lot

    3.09 miles

  • State of Arizona parking structure

    5.46 miles

  • State of Arizona parking structure

    5.74 miles

  • 33rd Ave Parking Garage

    5.91 miles

  • Halo Parking Garage

    6.03 miles

  • State of Arizona parking structure

    6.08 miles

  • Rusty Spoke Parking

    6.10 miles

  • 31st Ave Garage

    6.14 miles

  • McDonald's

    0.97 miles

  • Burger King

    1.01 miles

  • El Guero

    1.50 miles

  • Church's Chicken

    1.87 miles

  • McDonald's

    2.08 miles

  • El Güero Canelo

    2.09 miles

  • KFC

    2.11 miles

  • Burger King

    2.15 miles

  • Sonic

    2.16 miles

  • Burger King

    2.22 miles

  • Fowler Elementary School

    1.01 miles

  • Sunridge Elementary School

    1.24 miles

  • Riverside Elementary School

    1.33 miles

  • Riverside School

    1.35 miles

  • Santa Maria Middle School

    1.80 miles

  • Palm Lane North School

    2.01 miles

  • Maricopa Institute of Technology

    2.12 miles

  • Charles W. Harris School

    2.25 miles

  • Byron A Barry School

    2.32 miles

  • Peralta School

    2.44 miles

  • Sunrise Pre-School

    2.03 miles

  • Amigo Preschool

    3.84 miles

  • Robins Nest Child Care

    4.62 miles

  • Tots Unlimited

    7.11 miles

  • Tutor Time

    7.51 miles

  • Sunrise Preschool

    8.16 miles

  • Brighton School Kindergarten

    8.35 miles

  • La Petite Academy of Avondale

    8.45 miles

  • Teach N' Fun

    8.49 miles

  • Mind & Body Kids

    9.17 miles

Contact Listing Broker

broker

Hani Aldulaimi

Hani Aldulaimi - KW Commercial - East Valley

(480) 900-8484