NORTH COOLIDGE
Property • Multiple Dwellings
Web ID # 6816626
$699,900.00
Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
Cash cow with nice upgrades. 8.35 CAP trending to an 8.5 CAP. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot with an adjacent lot also available to combine for about 30,000 total sf. Located in an opportunity zone in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many significant upgrades have been completed, including 4 of the 6 units, major plumbing, heating/cooling, and electrical. Gorgeous new parking lot. Sale includes the six unit/two building complex on a 20,000+ sf lot for $699,900 + an adjacent lot that is close to 10,000 sf for $40,000 (MLS 6817894). New ownership can value-add by finishing some upgrading and raising rents. New 30-year 5-8 unit DSCR product would work well
AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Dwelling Type: Multiple Dwellings
Subdivision: NORTH COOLIDGE
Year Built: 1963, County: US
AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Virtual Tour
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