Retail Cash Flowing

7.88 cap investor or user, C2 zoned, 2 buidings HUGE upside...low supply, high d

7112 N 55th Ave, Glendale, AZ 85301

$425,000 After Repair Value -
$390,000 Asking Price -
$0 Cost of Repairs =
$35,000 Potential Profit

Property Details

Asking Price $390,000

After Repair Value $425,000

Costs of Repairs $0

Potential Profit $35,000

Living Area 3272 ft2

Property Type Other

Bedrooms +7

Bathrooms 3

Half Bathrooms 1

Parking 1

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $30,000

Yearly Expenses $2,000

Property Taxes $4,823

Net Operating Income $30,732

Cap Rate 7.88

Property Description

Fresh $10k price - H DEMAND/LOW SUPPLY OWNER USER OR INVESTMENT - K TO CITY - LERS WILL LEASEBACK FOR 3 YEARS PLUS ADDITIONAL TENANT INCOME IF BUYER WANTS OR USE some SPACE AND STILL HAVE INCOME FROM 2 TENANTS!! *** PRICED AT A 7.88% CAP RATE ON $11.45 MG INCOME***4 AC UNITS, 3 APX 5-YEARS OLD, ONE WATER METER, 3 SEPARATE ELEC - ITIONAL PARKING INCOME FOR SPECIAL EVENTS..2 CONTIGUOUS PARCELS 042/ - SERVED, C2 ZONED RETAIL OR OFFICE USES, GOOD - N SEWER LINE REPLACED 2 YEARS AGO. Upside of $30,000 in event parking - s this at a 20+ CAP!!!!!

CONTACT LISTING OWNER

mike depinto

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