4220 N Granada Dr - Apartments FOR SALE


Eloy, AZ 85131
$995,000 USD
480-329-6083
4220 N Granada Dr, Eloy, AZ for Sale
$995,000 USD
Apartments - FOR SALE
1/3
null | 6.25% Cap Rate

4220 N Granada Dr
Eloy, AZ 85131


HIGHLIGHTS

  • Well Maintained Owner Managed
  • Room On Rents IN Housing Demand Eloy
  • Value Add Improvements to Drive Higher Rents
  • All Leases Are Month To Month

OVERVIEW

Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Lots of Room On Rents, Market are $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Eloy is a growing manufacturing Hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

12

PRICE/UNIT

$82,917

CAP RATE

6.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

403-06-144B

ASK ABOUT THIS PROPERTY

Eric HegartySJ Fowler Real Estate, CommercialMore Info
480-329-6083

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Eric HegartySJ Fowler Real Estate, CommercialMore Info
480-329-6083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.