2460 S. High View Circle Cottonwood, AZ 86326

Corner Off Mission Lane

$799,000 | 1987​​


Property Description
Fourplex - 3 BR/1.5 BA lower units -
3 BR/2BA in upper units (1063 /- SF each).
Very large units! Generous 10,853 SF.
Two duplex buildings with ample parking and a nice courtyard.
Great views of mountains as well!

Current Rents: 
 $1,074/ $1,275 / $1,035 / $1,195 (Very low!)
 $4579 gross or $54,948/year projected
All leases are month-to-month or expire soon.
Projected to be operating at a 4.5 cap rate w/ lots of potential.
ALL NEW STUCCO EXTERIOR & REPAINT 
at a cost of $42,000+. Just completed!
Cottonwood rental demand is off the charts! 

Only $188/sf in one of the hottest rental markets in AZ!
Compare this to the much higher prices/sf in the Valley!
Rents should be much higher, especially with some cosmetic upgrades.
Close to all of the action, just 30 minutes to Sedona or Prescott!
Very low crime with an incredibly deep rental pool=Cash Flow!  


Buyer to complete and rely on own due diligence. Do not disturb the tenants. Showings in Escrow only.

​​Cass Stephens - S.J. Fowler ReAL ESTATE INVESTMENT

​​Commercial Multifamily & 

Investment Specialist

Multifamily for sale, multifamily real estate

Are you thinking about putting your Multifamily Property for Sale?

Considering Buying Real Estate Investment Property?

Are you finding Multifamily for Sale that you want to buy?


CONTACT ME TODAY! 


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

1817 E. Randall Dr. Tempe, AZ 85281

$899,000 | 4 Unit | 1959​​


Property Description
2 parcels - 4 units
APN 132-66-088 1817 E Randall Dr
APN 132-66-089 1815 E Randall Dr
Lot SF 12,000+ combined.


Unit 1 - Studio 529 SF - Vacant
Unit 2 - 3+ BR/2BA 1044 SF - Rent $2,000 (Remodeled 2021)
Unit 3 - 1+BR/1BA 1,096 SF - Rent $1,300
(Unit 3 Kitchen/Bath/Living main level 696 SF w/ 2 BR sub-level 400 SF)
Unit 4 - 1BR/1BA 768 SF - Rent $1,000 (long-term tenant worst unit).
All month-to-month leases.

New Roof & cosmetic upgrades in 2 units.
Value-Add that needs upgrading to maximize income.
Utilities are mastered & seller paid. 
Near University, LRT. Less than a mile from ASU.


​Buyer to complete and rely on own due diligence. Do not disturb the tenants. Showings in Escrow only.