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779 E BRENDA Drive, Casa Grande, Arizona

$2,200,000Contract Pending

779 E BRENDA Drive, Casa Grande, Arizona 85122
S. J. Fowler Real Estate, Inc. - MLS® ID: 5532408

Property Details

779 E BRENDA Drive, Casa Grande, Arizona 85122 - THIS IS AN INCREDIBLE 40 UNIT APARTMENT COMPLEX (CLASS B) WITH 2 BED, 1 BATH UNITS IN A DESIRED AREA OF CASA GRANDE. THIS PROPERTY SITS ON 2.52 ACRES. SAME OWNERSHIP FOR THE LAST 24 YEARS. OWNER HAS TAKEN GREAT PRIDE WITH HIS OWNERSHIP OF THIS COMPLEX. TENANTS HAVE EXCELLENT PARKING ON-SITE WHICH IS CLEAN AND PAVED CLOSE TO THEIR UNITS. VERY LARGE COMMON AREAS. ON-SITE LAUNDRY ROOM WHICH ADDS TO THE INCOME. YOU CAN RE-RENT AT HIGHER RENTS AS THESE ARE BELOW MARKET FOR RENTS RIGHT NOW. **NOTICES ARE GOING OUT FOR RENT INCREASE OF $35 A MONTH PER UNIT TO START APRIL 1ST. THAT WILL BRING THE UNIT RENT TO $560/A MONTH PER UNIT. STILL WAY BELOW MARKET RENTS. **SELLER WANTS CASH OR 1031 EXCHANGE ONLY.

Amenities

  • Zip85122
  • CountyPinal
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Zoning typeGR
  • School districtCasa Grande Union HS District - Pinal
  • Year built1962
  • Lot size324.59 x 319.09 x 328.10 x 351
  • SewerSewer - Public
  • HeatingHeat Pump
  • CoolingCentral A/C
  • ParkingPaved Parking
  • Tax amount$12,840.00
  • Office IDsjfl01
  • Agent IDlg307
  • Agent nameLaura A. Good
  • MLS® ID5532408

Broker: S. J. Fowler Real Estate, Inc.

Listing Courtesy of S. J. Fowler Real Estate, Inc.

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