9938 W Century Dr - Apartments FOR SALE


Arizona City, AZ 85123
$340,000 USD
480-406-1984
9938 W Century Dr, Arizona City, AZ for Sale
$340,000 USD
Apartments - FOR SALE
1/17
null | 6.02% Cap Rate

9938 W Century Dr
Arizona City, AZ 85123


OVERVIEW

• **Owner Financing Available** Discover an outstanding investment opportunity in the heart of Arizona City! This well-maintained duplex features two 2-bedroom, 1-bathroom units, each offering 820 square feet of living space, making it an attractive choice for both tenants and investors. • Unit 1 is currently occupied by a long-term Section 8 tenant, who treats it as their home and pays $975 per month. This unit has been equipped with a brand-new $5,000 air conditioning system, ensuring year-round comfort and efficiency. • Unit 2 has recently been updated with fresh paint and new carpeting and is currently renting for $1,000 per month. Both units demonstrate strong rental income potential, contributing to excellent tenant satisfaction. The air conditioning units receive regular maintenance, guaranteeing reliable performance. • Each unit has separate electricity and water meters, allowing tenants to manage their utility consumption independently, while the owner covers the sewer expenses. The property also offers ample parking and features low-maintenance landscaping, enhancing both functionality and convenience.

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

2

PRICE/UNIT

$170,000

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,633 SF

ZONING

Rental Residential

APN/PARCEL ID

407-05-046

ASK ABOUT THIS PROPERTY

Laura GoodS.J. Fowler Real Estate, Inc.More Info
480-406-1984

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Laura GoodS.J. Fowler Real Estate, Inc.More Info
480-406-1984

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