Description
Exceptional 4-Unit Multifamily Investment Opportunity in the Singing Arrow neighborhood! Each of the four units has two bedrooms and one bath with approximately 800 square feet of living space. Property has evaporative cooling, on-site laundry facilities, and off-street parking. This asset is selling at a 6.9% cap rate, with a total monthly rental income of $3,798 when fully leased. Currently, Unit D is vacant, while two tenants remain on month-to-month leases, allowing for flexible rental strategies. With its solid financials, and operational upside, this multifamily asset is ideal for both seasoned investors and those looking to expand their portfolio.
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2BEDS
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0.15ACRES
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1BATHS
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01/2 BATHS
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3,168SQFT
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$131$/SQFT
School Ratings & Info
Description
Exceptional 4-Unit Multifamily Investment Opportunity in the Singing Arrow neighborhood! Each of the four units has two bedrooms and one bath with approximately 800 square feet of living space. Property has evaporative cooling, on-site laundry facilities, and off-street parking. This asset is selling at a 6.9% cap rate, with a total monthly rental income of $3,798 when fully leased. Currently, Unit D is vacant, while two tenants remain on month-to-month leases, allowing for flexible rental strategies. With its solid financials, and operational upside, this multifamily asset is ideal for both seasoned investors and those looking to expand their portfolio.
IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2025-03-18T00:05:01.333.
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Listing courtesy of Rhino Realty Property Mgmt LLC: (505) 856-0033. © 2025 Southwest Multiple Listing Service, Inc.