BULK SALE OF NEW CONSTRUCTION PHOENIX URBAN INFILL PROPERTIES! This sale also includes property at 1240 North 28th Place (APN# 121-74-126) This offering is for a total of 7 fully leased units at a cap rate of 7.6%. The 11th St property was completed in 2014 and the 28th Pl property in 2015. Each lease has a 1 year minimum lease period. Tenants pay all utilities. Both properties have low maintenance landscaping, no grass, and only artificial grass. New construction means low repair costs as well. NOI is calculated at $90,698.00!
Off market
Zestimate®
$692,700
1118 N 11th St #1-3, Phoenix, AZ 85006
--beds
0baths
1,005sqft
MultiFamily
Built in 2014
-- sqft lot
$692,700 Zestimate®
$689/sqft
$1,892 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet
Interior area
- Total interior livable area: 1,005 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Stucco
Lot
- Size: 10,018 sqft
Details
- Parcel number: 11628015
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 2014
Community & neighborhood
Location
- Region: Phoenix
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$692,700
2% more+$13,854
With Zillow Showcase(estimated)$706,554