6301 W Earll Drive

    Phoenix, AZ 85033
    • $235,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 5972967
    UPDATED: 22 min ago
    $235,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,920
      SQFT
    • $122
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Investment opportunity in west Phoenix. This established senior care home operator just signed a new 3 year lease. Lease rate is 12,5% of the gross revenue - consistently producing $1600-$1700 a month to the landlord resulting in an approximate 8.2% cap rate. Minimal landlord responsibility. Business has been in this location for many years. Recent appraisal at $255,000.

    Monthly Payment Calculator



    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-19T23:11:08.917.
    www.thewgroupaz.com/homes/98572888

    6301 W Earll Drive Phoenix, AZ 85033

    • Price: $235,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 5972967
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,920
    SQFT
    $122
    $/SQFT
    1970
    Built
    Neighborhood:
    Sunset Knoll 3
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Investment opportunity in west Phoenix. This established senior care home operator just signed a new 3 year lease. Lease rate is 12,5% of the gross revenue - consistently producing $1600-$1700 a month to the landlord resulting in an approximate 8.2% cap rate. Minimal landlord responsibility. Business has been in this location for many years. Recent appraisal at $255,000.
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Exterior Features Corner Lot Fencing Block Parking Paved Parking Roofing Comp Shingle Stories 1 Story Total Parking Spaces 2.00 Uncovered Parking Spaces 2.00

    Interior Features

    Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic Tile Heating Electric Interior Features FinishedFire SprinklersSmoke Detector(S)Security Light(S)

    Property Features

    Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 1487.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Other (See Remarks) Cross Street 63rd Ave & Thomas Rd. Current Use Service Business Electric Srp Gas None Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 500 Net Operating Income 8.20 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 1487.00 Vacancy Allowance 0.00 Water City Franchise Zoning R1-6

    Listing courtesy of Century 21 Arizona Foothills.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-19T23:11:08.917.
     
    The W Group | Russ Lyon Sotheby's International Realty
    20909 N. 90th Place, Suite 209
    Scottsdale AZ, 85255