Courtesy of ARMLSNWMLS

OverviewEstate Overview - $440,000

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220 W 9TH Street,

Florence, AZ 85132

Huge cash flow opportunity.This well maintained 10 unit rental contains 2 of the 10 buildings in the Desert Palms apartment complex.(Buildings 3 and 4) Amazing on site manager and management company are in place.Actual financials over the past 12 months put this property at over a 10% CAP rate self managed or 8.5% with property management.All units have recently been renovated with new paint, flooring, cabinets, and appliances as well as toilets faucets and sinks...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 475,000
Listing Date: 10/08/2018
Days on dealty:Was on Dealty for 125 days
County:Pinal
MLS Type:ARMLS
Built In:1971
Has HOA:Yes
Status Change Date:February 10, 2019
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Wood Frame, Stucco
  • Roof: Composition
Flooring
  • Carpet
  • Vinyl
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Sidewalk(s),
Lot Details
    --

AmenitiesAmenities

Utilities
  • Cooling - Central Air
  • Heating - Central
  • Water Source : Individual Meter
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Paved
  • Garage Spaces: 0
  • Covered Spaces: 0
  • Parking Spaces: 13

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
  • Florence K-8
  • Florence Unified School District
  • Florence High School
Neighborhood
  • Desert Palms

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Christopher Pearce

(Gentry Real Estate)

MLS # 5830558

220 W 9TH Street

Florence, AZ 85132

$440,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/220-w-9th-street-florence-az-85132-6d119922-0b0c-40f7-bfea-7daffe235937
Year Built
1971
Garage
13

Huge cash flow opportunity. This well maintained 10 unit rental contains 2 of the 10 buildings in the Desert Palms apartment complex. (Buildings 3 and 4) Amazing on site manager and management company are in place. Actual financials over the past 12 months put this property at over a 10% CAP rate self managed or 8.5% with property management. All units have recently been renovated with new paint, flooring, cabinets, and appliances as well as toilets faucets and sinks. Upkeep is well documented a...(Visit the link to Get more info)

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Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.