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Investment Property: 3221 W Sharon Avenue

Tired of looking at distressed investment properties and short sales? Purchase this newly renovated Arizona investment property priced at $111,900.

Status: Available

Phoenix investment property available

Newly remodeled Phoenix Arizona investment property

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This beautifully remodeled home features: travertine counter tops in the bathroom, pergo flooring, newly painted and textured walls, professionally landscaped backyard, as well as a newly plastered pool with all new pump and filters.

3221 W Sharon Avenue is centrally located and minutes from shopping, entertainment and I-17. In addition to the pool, the backyard features a large wooden storage shed and RV gates for easy access to your toys. Lastly, the large covered patio by the pool, offers ample space for entertaining and grilling.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,860
Lot Square Footage: 7,307
Level: Single Level
Year Built: 1960
Parking: 2 Car Garage
Beds: 3
Baths: 2
Fireplace: No
Pool: Yes
Hoa: No
Rents: 950-1,150*

Projected Cap Rate: 7.50 – 9.25%*

*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 the property is acquired .  For more information on this property, please contact Clear Vision Investment Group.

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