​​​Cass Stephens - Platinum Living Realty

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! 

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. 

241 N 100th Way Mesa, AZ 85207
SF Investment Property | Built 1979 | $229,000

Property Description
​4 bed/2 bath single-level. Recent upgrades. Open concept. Separate family room. New A/C unit. Separate laundry room. Big lot with an RV gate.

Buyer to complete/rely on own due diligence.

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

9835 N 16th St Phoenix, AZ 85020

Duplex | Built in 1957 | $289,000

Property Description
Unique Panoramic Mountain Views!

Rare opportunity to acquire a highly polished duplex in Ocotillo Hills in N. PHX.
Duplex 1 - one bed & 1 - two bed
Highy polished property. Separate gas/electric utilities w/ 1 water meter. Significantly upgraded recently: Upgrades include a new roof, two new HVAC gas packs, new double-pane windows, new kitchen in 2 br. & much more!

Could be fantastic Air BnB, long-term rental, or owner in 1 unit/rent the other.

Buyer to complete/rely on own due diligence.

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

CONTACT ME TODAY TO OBTAIN YOUR FREE INVESTMENT PROPERTY PRICING ANALYSIS!

100% CONFIDENTIAL

2115 W. Glenrosa Ave  Phoenix, AZ 85015

4024 N. 23rd Ave Phoenix, AZ 85015
2 Triplex Buildings | $450,000
JUST LISTED!

Property Description

This offering includes two triplex buildings that are to be sold together. The seller will be completing a 1031 tax-deferred exchange. The two separate buildings are located about a 1/2 mile from each other. Addresses are 2115 W. Glenrosa Ave and 4024 N. 23rd Ave in the 85015 zip code. As of 2/13/19, this is the lowest price/unit ($75,000) currently for sale in the 85015 zip. All units are large 2 bedroom/1 bath units on one level. Each building has had various significant upgrades over the last 5 years. Rents are below market and offer a solid value-add opportunity. All leases are month-to-month. Amenities include ample parking (including a carport on the 23rd Ave); fully fenced lots with tree-lined courtyards; refrigerators/stoves with all units; additional semi-private backyards for most units; and more. Convenient location just east of the I-17, within a few miles of Grand Canyon University and LRT; and close to many areas of Central and Uptown Phoenix. Pro forma suggests this could perform at a 8+ CAP with rents at $700/unit and around a 30% total operating expense ratio. Comparable properties in the immediate area are achieving a $1/SF or better on rents.Please do not disturb the tenants. Buyer to complete/rely on own due diligence.

For additional information contact me directly Cass Stephens 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 | $1,360,000

Temporarily Off Market

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. Please do not disturb the tenants. Buyer to rely on own due diligence.
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For additional information contact me directly Cass Stephens at cstephens@ccim.net or 602-672-3526

8 & 16 E 6th Ave Mesa, AZ 85210

6 Units | Built in 1960 | $474,000

Property Description
Side-by-side Mesa triplex (6 units) assemblage. 8 E. 16th has 2 two br.'s & 1 three br. 16 E.
16th all one br. units. 8th E. 6th Ave substantially renovated w/ a new roof, HVAC, storm doors, electrical, and
more! 16 E. 6th more value-add. Ind. tenant-paid electric. Rents below market. Near Downtown Mesa and light rail in high demand rental area. Rents all month-to-month: 8 E. 6th Unit A $750 - Unit B $750 - Unit C $750.

16 E. 6th $650 - 161/2 $550 - 18 E. $500. High 6 CAP+/- now! 8+ CAP potential w/ market rents.

Please do not disturb the tenants. Buyer to complete/rely on own due diligence.

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