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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.

Attachments

LYNX MLS

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
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

zoning

Zoning Code MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS)
MULTIPLE FAMILY (APARTMENTS, DUPLEX, 2 TO 4 BUILDINGS)
  • Listing ID: 33883610

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 9900 W Lynx Dr, Arizona City, AZ 85123

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