Arizona Investment Property

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Investment Property: 2321 W Shaw Butte Drive

Beautifully updated Arizona investment property properly priced at $99,400.

Status: Pending

Great Phoenix, Arizona investment property

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This beautifully updated home with travertine countertops, new cabinets, new tile, carpet, and texture interior and exterior paint.  Very open floorplan, with ceiling fans in every room.  Large storage inside garage.

Great location with easy access to the I-17 and 101, minutes to shopping.  Enjoy a nice desert evening relaxing in your own professionally landscaped courtyard.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,334
Lot Square Footage: 6,048
Level: Single Level
Year Built: 1967
Parking: 2 Car Garage
Beds: 3
Baths: 1.75
Fireplace: No
Pool: No
Hoa: No
Rents: 950-1,150*

Projected Cap Rate: 8.50 – 10.50%*

*The range given for the rental income and capitalization rate is calculated based on rental data from a licensed property management professional and is assuming a 2 month vacancy. Expenses used in this calculation are a 10% property management fee, $75/mo homeowners ins., and 2010 property tax bill.  This is strictly a projection and may vary depending on when property is acquired.  For more information on this property, please contact Clear Vision Investment Group.

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