2201 Cactus Rd, Phoenix, AZ 85022

2,880 SF Flex Condo Unit Offered at $1,700,000 in Phoenix, AZ 85022

Asking Price $1,700,000

Property Type
Multifamily
Square Feet
2,880 SF

Listing Contacts

Bill Dubiel
  • Property Info

Property Overview

Open for seller financing options that allow the ability to bridge later to a cash out refinance DSCR loan. 10% down 6% interest only, 15% down 5.5% interest only, 20% down 5% interest only. NOI is $102K/YR. This is a lease with corporate tenant doing Airbnb arbitrage. They cover all expenses.. Corporate tenant is open to adjust the lease if new owner would like to do it themselves after the deal is closed. This investment is turn key revenue with tenant which manages and pays for everything. No vacancy, pays every month on time, no property mgmt required, no maintenance, no dealing with utilities, no head aches just easy cash flowing investment.

Property Details

Class
C
Year Built
1971
Lot Size (sq. ft)
8,276 SF
Units
1

All available spaces

Space
Unit 1,2,3,4
Size
2,880 SF
Price
$1,700,000
Space Subtype
Multifamily

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