STANLEY PLAT
Property • Multiple Dwellings
Web ID # 6855518
$775,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. Now 100% vacant. Owner can deliver vacant or re-leased. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is 1424 S Stanley (MLS 6855520). Available as a package of eight units or the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate carry possible. Shared water meter with 1424 S Stanley. Close to a 7 CAP historical income performance ($1299 rents).
Cul-de-sac, enter off Apache.
Dwelling Type: Multiple Dwellings
Subdivision: STANLEY PLAT
Year Built: 1960, County: N/A
Cul-de-sac, enter off Apache.
Listing is courtesy of Better Homes & Gardens Real Estate SJ Fowler
