Arizona City Unit 12 | 9900 W Lynx Dr
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Arizona City Unit 12 9900 W Lynx Dr
4 Unit Block of Flats £497,070 (£124,267/Unit) 8% Net Initial Yield Arizona City, AZ 85123
Investment Highlights
- FULLY FENCED YARDS
- LOTS OF NATURAL LIGHT
- ALL TILE FLOORS
Executive Summary
FULLY LEASED 4 PLEX CONSISTING OF 2 DUPLEX'S ON THE SAME LOT! EACH FULLY TILED WITH INSIDE LAUNDRY ROOM, 2 BEDROOMS 1 BATHROOM EACH WITH PRIVATE FENCED YARDS. ALL APPLIANCES INCLUDED WITH EACH UNIT. INSTANT MONEY MAKER AT $1050.00 A UNIT. A/C HEATER UNITS ALL MAINTAINED ANNUALLY WITH REGULAR FILTER CHANGES.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £13,272 | £4.07 |
Other Income | - | - |
Vacancy Loss | £2,489 | £0.76 |
Effective Gross Income | £10,784 | £3.30 |
Taxes | £1,315 | £0.40 |
Operating Expenses | £948 | £0.29 |
Total Expenses | £2,263 | £0.69 |
Net Operating Income | £8,520 | £2.61 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £13,272 |
Annual Per SF | £4.07 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | £2,489 |
Annual Per SF | £0.76 |
Effective Gross Income | |
---|---|
Annual | £10,784 |
Annual Per SF | £3.30 |
Taxes | |
---|---|
Annual | £1,315 |
Annual Per SF | £0.40 |
Operating Expenses | |
---|---|
Annual | £948 |
Annual Per SF | £0.29 |
Total Expenses | |
---|---|
Annual | £2,263 |
Annual Per SF | £0.69 |
Net Operating Income | |
---|---|
Annual | £8,520 |
Annual Per SF | £2.61 |
Property Facts
Price | £497,070 | Apartment Style | Low Rise |
Price Per Unit | £124,267 | Building Class | C |
Sale Type | Investment | Building Size | 3,264 SF |
Net Initial Yield | 8% | Average Occupancy | 100% |
No. Units | 4 | Number of Floors | 1 |
Property Type | Residential | Year Built | 2003 |
Property Subtype | Apartment | Parking Ratio | 0.31/1,000 SF |
Price | £497,070 |
Price Per Unit | £124,267 |
Sale Type | Investment |
Net Initial Yield | 8% |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Building Size | 3,264 SF |
Average Occupancy | 100% |
Number of Floors | 1 |
Year Built | 2003 |
Parking Ratio | 0.31/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
- Yard
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 4 | £828.45 | 816 |
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zoning
Zoning Code | MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS) |
MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS) |
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Arizona City Unit 12 | 9900 W Lynx Dr
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