4034 E Moreland St - Moreland - 4plex - Phoenix, AZ 4 Unit Apartment Building Offered at £958,024 at a 6.53% Net Initial Yield in Phoenix, AZ 85008
INVESTMENT HIGHLIGHTS
- Owned solar
- in unit washer and dryer
- private patios per unit
EXECUTIVE SUMMARY
Full remodeled Turn Key! 4PLEX
Grossing $7,600 a month. With OWNED solar panels. Individual meters. Updated roof,electric, plumbing! newer roofs, dual-pane windows and stucco.
Ability to increase rents/ add rubs.
exact same 2-bedroom, 1-bathroom layout.
Every unit is equipped with a full-size stackable washer and dryer, with its own private patio and low-maintenance yard. Each tenant has covered parking!
Located in an up-and-coming neighborhood.
Grossing $7,600 a month. With OWNED solar panels. Individual meters. Updated roof,electric, plumbing! newer roofs, dual-pane windows and stucco.
Ability to increase rents/ add rubs.
exact same 2-bedroom, 1-bathroom layout.
Every unit is equipped with a full-size stackable washer and dryer, with its own private patio and low-maintenance yard. Each tenant has covered parking!
Located in an up-and-coming neighborhood.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | £958,024 |
| Price Per Unit | £239,506 |
| Sale Type | Investment |
| Net Initial Yield | 6.53% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 7,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 0.57/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Waste Disposal
- Microwave
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Kitchen
- Fridge
- Oven
- Stainless Steel Appliances
- Family Room
- Patio
- Smoke Free
SITE AMENITIES
- Courtyard
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | £1,486 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 125-20-025 | Total Assessment | £6,056 (2025) |
| Land Assessment | £0 (2025) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £0 (2025) | Tax Year | 2024 |
ZONING
| Zoning Code | R4 |
CONTACT
-
Diana Yescas Navarro - The Agency Collective
