4234 E Western Dr - Multi-Family FOR SALE


Cottonwood, AZ 86326
$1,250,000 USD
480-452-7195
4234 E Western Dr, Cottonwood, AZ for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/40
null | 7.42% Cap Rate

4234 E Western Dr
Cottonwood, AZ 86326


HIGHLIGHTS

  • 7.42% CAP with 6% Cash on Cash Return
  • Fully occupied in a high demand rental market
  • Cash flow + future appreciation and value add
  • Zoned for mixed use, more business opportunities to do both commercial and residential
  • Continuous property management offering for ultimate passive investment

OVERVIEW

PRICED TO SELL! Motivated Seller. A fantastic turnkey investment property offering positive cash flow, low maintenance, and exciting potential for future revenue growth. Current cap rate is 7.42% with additional value add opportunities to further increase Cap rate and cash flow. Very rare find these days for CAP rate above 7% This property has gone through major renovations in 2023 and 2024 including brand new roof, flooring, all ACs and water heaters. See all details in the attached Offering Memorandum in the document section of the listing. Seller is also open to continue managing the property to make it a complete passive investment for buyers. Do not disturb tenants, showing by appointment only. Owner-agent disclosure: The selling agent is also the property owner.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

8

PRICE/UNIT

$156,250

CAP RATE

7.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 CAP Multi Family Commercial Building AZ

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RS-10

APN/PARCEL ID

406-46-341

ASK ABOUT THIS PROPERTY

Iris WuFathom RealtyMore Info
480-452-7195

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Iris WuFathom RealtyMore Info
480-452-7195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.