Portfolio 44 Single-Family Homes in Phoenix

1,505 SF Specialty Building Offered at $14,000,000 at a 6% Cap Rate in Phoenix, AZ 85029

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $14,000,000

Property Type
Specialty
Square Feet
1,505 SF
Price / Square Foot
$9,302

Listing Contacts

Mark Maydahl
Mark Maydahl
Verified Profile
John Cosco
John Cosco
Verified Profile
  • Property Info

Property Details

Year Built/Renovated
1942/2007
Stories
1

Highlights

  • Portfolio of 44 single-family dwellings in the Phoenix area has an excellent rental history
  • Managed by Phoenix RE Agency who holds a complete rental record of all properties going back 8 years
  • The owner has held all 44 properties for over 13 years
  • There has been strong rental growth in Phoenix over the past several years, and that is likely to continue

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