SF Investment Package Deal | $686,000

12313 W. Sweetwater Ave El Mirage, AZ 85335

12913 N. 123rd Dr El Mirage, AZ 85335

13045 W. Columbine Dr El Mirage, AZ 85335

Property Description


Single family package in El Mirage, Phoenix (west valley Phoenix area). El Mirage is a quiet suburb with mostly owner-occupied single family homes. It is next to Sun City and Surprise, and a short drive to the White Tank Mountains and Lake Pleasant. All three houses were significantly remodeled a few years ago and have been tenant occupied since. The average SF exceeds 2000/house. (1) 12913 N. 123rd Dr is 1978 SF, built 2001, Buenavida Subd-no HOA, and has a nice pebble tech pool. Total remodel around 2015. Pro forma rent is $1,400. Currently vacant. (2) 13045 W. Columbine is 2255 SF, built 2002, Cactus Park Estates (in HOA), rented now at $1,100 (below market) (month-to-month) (same tenant since 2015), and has vaulted ceilings. Total remodel around 2015.(3) 12313 W. Sweetwater Ave is 1978 SF, built 2002, on corner, Buenavida Subd-no HOA, rented at $950 (well-below market) (month-to-month lease) (same tenant since 2015), granite counter tops. "Practically brand new" in 2015. 123rd Drive and Sweetwater Ave are within a block of each other. Columbine Dr is about 1.5 miles southwest of the other two houses. No interior showings until accepted offer. Please no not disturb tenants. Seller prefers to sell these as a package. Offers considered.

Buyer to complete and rely on own due diligence.

For additional information contact me directly at cstephens@ccim.net or 602-672-3526

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My Average SOLD rate is over 98.5% of current list price!

I am a CCIM member - Only 6% of commercial brokers are CCIM members. 

127 W. Highland Ave, 178-190 W. Coolidge St Phoenix, AZ 85013
Uptown Phoenix Assemblage | $1,000,000


Property Description


Unique Assemblage Sale: 127 W. Highland Ave (SF w/2 rentals); 178 W. Coolidge (4 units); 190 W. Coolidge (R5 zoned lot) Highly-sought after Uptown Phoenix location off Central/Camelback in Pierson Place.
Rents/expenses pro forma only. 127 W Highland: Rare 4400+ SF building w/ a huge 5 BR/ 4BA main unit and two large 1 BR's. Total of 3 units. 8750 SF Lot-R3. Value-add. Numerous use options. 178 W Coolidge: 3 buildings w/ two 2 BR houses & a 1/1 BR duplex. Total of 4 units. 11725 SF Lot-R5. Lap-pool in backyard. Value-add. 190 W. Coolidge: Vacant, cleared lot w/ R5 high-density zoning. Note: Package Sale - Buyer to rely on own due diligence. 
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For additional information contact me directly at cstephens@ccim.net or 602-672-3526

Commercial Multifamily & 

Investment Specialist

Multifamily for sale, multifamily real estate

864 E. Chandler Blvd Chandler, AZ 85225
17 Units | Built 1962 | $1,349,000

Price Reduced!


Property Description


High demand Chandler location. 17 unit/4 building complex. Very competitive 7.14 CAP +/- projected '18.  Desirable unit mix w/ 13 Two Bedroom units & 4 One Bedroom units. All units are very
similar in size, layout, & style. Huge 1.5+ Acre parcel offers the opportunity to add additional units. Ample parking/yard for residents. Significantly upgraded over the last few years including newer roofs, PEX plumbing, cosmetic improvements, & more! Units now rent @ $725/m. 8 CAP possible w/ all units @ $725. Rent Roll and P&L available upon request. 100% occupied. Buyer to rely on own due diligence.
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For additional information contact me directly at cstephens@ccim.net or 602-672-3526

918 W. McDowell Rd Phoenix, AZ 85007
4 Units | Built 1950 | $425,000


Property Description


Highly sought-after location in Encanto Palmcroft in the heart of Central Phoenix. Near FQ Story, Willo, Light Rail, Heard Museum, Downtown Phoenix, and culture galore. This 4plex has all large, charming 1 bedroom units that include washer/dryers, traventine flooring, and much more. Very private and secure property with ample parking. Gorgeous courtyard with huge gazebo, patio, and fire pit. Long-term owners. Pride of ownership property with many amenities. Mid-century charm abounds. All month-to-month tenants that have been there for years. Rents substantially below market offering an attractive value-add investment. No interior showings or walking the property until escrow. Please do not disturb tenants. Expenses are estimated, buyer to complete and rely on own due diligence.
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For additional information contact me directly at cstephens@ccim.net or 602-672-3526

Cass Stephens - Platinum Living

RE/MAX is a "Better Way in Commercial Real Estate."

11350 W Tennessee Ave Youngtown, AZ 85363
4 Units | Built 1986 | $260,000


Property Description


All large 2 bedroom units! Quiet location on a cul-de-sace in the far west valley area of Youngtown/Sun City. Near Banner Hospital (Boswell Campus) with many owner-occupant homes adjacent. Solid rental area. Building #9 in a small community (Mountain View) that rarely comes available for sale with no HOA fees. 3 of the 4 units were extensively remodeled a few year ago with new cabinets, granite counter tops, sinks, fixtures, lighting, ceiling fans, painting, and bathroom updates! Units have 18 inch tile flooring throughout. Value-add opportunity as rents are well-below market at ($514, $564, $614, $614) with several long-term tenants. Recent adjacent rents obtained have been from $665-$695 or better. Per MLS (5/8/18), there is only one 4plex that is priced for less and it has much smaller units. Surface parking. 2 story building with 2 units on each floor (units 9, 10, 11, and 12). 7+ CAP rate now with 8+ CAP potential. This won't last long! Buyer to complete and rely on own due diligence.

For additional information contact me directly at cstephens@ccim.net or 602-672-3526