Arizona Investment Property

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Investment Property: 3701 W Acoma Drive

This newly renovated, move-in ready Arizona investment property is perfect for any investor!  The property is priced at $110,000.

Status: Pending

Newly renovated Phoenix, Arizona investment property

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Beautifully updated home with travertine countertops, new carpet and tile throughout, new roof, and interior and exterior paint.  Home has a large great room and eat-in kitchen.  There is also a RV gate leading into the professionally landscaped backyard.  Enjoy a cool desert evening out on the covered patio.

Property is located on a quiet street and in close proximity to parks.  Minutes to shopping and restaurants with easy access to the I-17 and Loop 101.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,448
Lot Square Footage: 8,256
Level: Single Level
Year Built: 1971
Parking: 2 Car Garage
Beds: 3
Baths: 2
Fireplace: No
Pool: No
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 property is acquired.  For more information on this property, please contact Clear Vision Investment Group.

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