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2941 W FOOTHILL Drive Phoenix, AZ 85027

  • 3 Bed
  • 2.5 Bath
  • 1 sqft
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Residential-Active $ 2,200,000

MLS#: 5845379

Courtesy of: North & Co

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Description

Cap Rate Estimated at 8%! Unique opportunity to own 9 new built townhomes with an estimated Cap Rate of 8%. These units have yet to be built, but plans are prepared to submit to obtain permits. Very close to Deer Valley Airport and I17, these Townhomes will be readily rentable to student pilots, business owners in the airpark, or commuters seeking quick interstate access. Modern design and finish, depending upon permitting, 5 units will be approximately 1,000 sf; 4 larger units will be 1,200 sf.

Specifications


    Contract Information


  • Fee Simple

    Location, Tax & Legal


  • 1012

    General Property Description


  • Attached
  • 3
  • 1,000 - 1,200
  • 2200000
  • 34848

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