Description
The infill lots are located in a census-designated place in Pinal County and is surrounded by Duplexes and Fourplexes consisting of 2 and 3 bedrooms with single garages. Our basic proforma shows a highest and best use would be 3 bedrooms 2 bathrooms Fourplexes in two- story configuration. With rents ranging from $1489 to $1703 per unit, construction costs around $100,000-$150,000 per unit, operating costs around 24%, projected returns would be around 8.2% and a projected stabilized value of $905,300 per Fourplex.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The infill lots are located in a census-designated place in Pinal County and is surrounded by Duplexes and Fourplexes consisting of 2 and 3 bedrooms with single garages. Our basic proforma shows a highest and best use would be 3 bedrooms 2 bathrooms Fourplexes in two- story configuration. With rents ranging from $1489 to $1703 per unit, construction costs around $100,000-$150,000 per unit, operating costs around 24%, projected returns would be around 8.2% and a projected stabilized value of $905,300 per Fourplex.
© 2023 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 Ethridge Team - eXp Realty. Data last updated 2023-06-08T17:19:10.86.