627 W 16TH Avenue, Apache Junction, Arizona
627 W 16TH Avenue, Apache Junction, Arizona 85120 - These 16 Units Have Been Meticulously Maintained by Long Term Owner Operators. Vacancy is Extremely Rare. Many of The Tenants Have Been There Years and Years. 12 of the Units are Townhouse Style With 2 Bedroom and 2 Baths and 8 of Them With Single Car Garages With 4 of Them Converted to More Living Space. Each Unit Has a Separate Storage Area and Fenced Yards. The additional 4 Units Are Single Level 2 Bedroom , 1 Bath With Separate Storage and Yards. There Are four Buildings Each One of Them a Fourplex on It's Own Parcel Making Commercial or Residential Financing Available.Compared to Many Real Estate Multifamily Investments in the Phoenix/Mesa Metro Area These Units By Far Make More Economic Sense And May Continue to Grow in Value as Apache Junction is Booming With Development
Listing Courtesy of S. J. Fowler Real Estate, Inc.