1318 E Culver St

Property feature image

Property Description

ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction.

Key Property Information

Listing Status: Unavailable
Opportunity Zone: No

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

200 Brighton Rd

Bellevue, Pennsylvania
New York & Tri-State + 2-4 Units
Units: 2
Price: $179,900

410 N 3rd Avenue

Holbrook, Arizona
Phoenix & Southwest + Apartment Buildings
Price: $238,000

217 Lanier Street, Unit 217

Oxford, North Carolina
Atlanta & Southeast + 2-4 Units
Units: 2
Price: $289,800
New call-to-action

Brokers

View All

Lenders

View All