9033-9047 N 11th Street, Phoenix, AZ 85020 (MLS# 6693096)

Project Type: 5 - 12 Units

Construction: Block; Frame - Wood; Adobe

Const - Finish: Painted; Stucco

Roofing: Comp Shingle; Foam

Floors: Ceramic Tile

Sale Includes: Land & Building; Personal Property

Community Amenities: No Pool

Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Separate Storage; Security Light(s)

Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)

Appliances Included: F/S Oven/Range; Refrigerator

Heating: Individual; Heat Pump; Window/Wall Unit(s)

Cooling: Ceiling Fan(s); Heat Pump; Window/Wall Unit; Individual

Water: City Franchise; Master Meter

Sewer: Sewer - Public

Electric: APS; Master Meter

Gas: SW Gas; Master Meter

Parking: Street Parking; 1 Space/Unit; Free

Roads/Streets: Asphalt

Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping

Tenant Pays: Cable TV

Source of Fincl Data: Provided by Owner

Special: Owner/Agent

Lockbox Type: None

Existing 1st Loan: Treat as Free&Clear

New Financing: Cash; Conventional; No Carry

Reports/Disclosures: Seller Prop Disc Stm; APOD/Backup Avaible; Sch of Personal Prop

Environmental: None

Investment Opportunity: Fully Occupied 6-Unit Apartment Building Welcome to your next lucrative investment venture! We're thrilled to present to you a prime real estate opportunity nestled in the heart of east Sunnyslope, boasting a fully occupied 6-unit apartment building that's generating exceptional returns. This C-class property stands out with its impressive features, promising steady income and substantial growth potential. Key Highlights: Stable Income: This property is fully occupied, ensuring a consistent cash flow from day one. With all units leased, you can count on reliable monthly income without the hassle of vacancies. High Yield: At an impressive 8.3% cap rate, this investment promises excellent returns compared to industry standards. Your money works hard for you, delivering attractive yields and long-term wealth accumulation. 3 **Charming Amenities**: Residents enjoy the convenience of storage rooms, providing additional space for their belongings. Plus, some units offer the luxury of private backyards, perfect for relaxation and outdoor activities. New landscaping adds to the property's appeal, enhancing its curb appeal and attracting quality tenants. Income Stability: Investing in multi-unit properties offers diversification and resilience. Even during economic downturns, rental properties tend to remain stable, providing a hedge against market volatility. Investment Details: ª **Location**: Strategically situated in a desirable neighborhood, this property benefits from proximity to schools, parks, shopping centers, and public transportation, ensuring high tenant demand. Tenant Profile: The current tenant base consists of reliable, long-term occupants, reflecting the property's appeal and management quality. Value-Add Potential**: While already performing exceptionally well, there's still room for value enhancement. Consider implementing minor upgrades or rent optimizations to further boost profitability and property appreciation. Low Maintenance: With satisfied tenants and well-maintained units, you'll experience minimal operational headaches. Enjoy passive income with peace of mind, knowing that your investment is in good hands. Why Invest Now? The real estate market is heating up, and opportunities like this don't come by often. Secure your financial future with a proven income-generating asset that offers stability, growth, and remarkable returns. Whether you're a seasoned investor or a newcomer to real estate, this property aligns perfectly with your investment objectives. Don't miss out on this chance to own a fully occupied 6-unit apartment building with exceptional income potential and value-added opportunities. Act now to seize this golden investment opportunity and start reaping the rewards of passive income and long-term wealth accumulation. Disclaimer: All financial figures and investment returns are estimates and subject to market conditions. Buyers are advised to conduct their own Due Diligence