Tierra Verde 927 S 35th Ave Immeuble residentiel 10 lots 1 086 262 € (108 626 €/Lot) Taux de capitalisation 10,36 % Phoenix, AZ 85009

*** Sale includes TWO PARCELS - 921 Parcel (4 Units) # 109-58-049 & & 927 Parcel (6 Units) # 109-58-050 ***
10-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value.
The property is fully occupied with month-to-month leases.
Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with long-term upside. Excellent turnkey investment with small development potential.