457 E QUAIL Avenue, Apache Junction, Arizona
457 E QUAIL Avenue, Apache Junction, Arizona 85119 - Significantly upgraded 4plex with all 800+ SF 2 bedroom/1 bath units. Located just east of Mesa in fast-growing Apache Junction. Upgrades include the roof, most windows, porches/decks, tile flooring, and much more! Standard rent is $550 ($.68/SF) allowing for the opportunity to raise rents. 7+/-CAP range now with potential for 8 CAP. Hard to find a building in good condition offering this attractive of a CAP rate in the Phoenix area. 3320 SF building/10,023 SF lot. Ample parking. Buyer to complete and rely on own due diligence. Expenses projected. OM available upon request. Interior showings only in escrow, please drive by only and not disturb the tenants.
Listing Courtesy of RE/MAX Platinum Living