For Sale
$599,000
126 Plateau Ct, Page, AZ 86040
Four residential units each offer 2 bedrooms and 1 bath with in-unit kitchen appliances and separate laundry space.
Property Size2,928 SF
Lot Size0.21 Acres
Price / SF$204.58
Days on Market259
Property Features for 126 Plateau Ct
General Information
Standard status
Active
Property type
Quadplexes, Multifamily properties, Residential income properties
Size
2,928 SF
Lot size
0.21 Acres
Building Details
Year Built
1984
Added: Feb 6
Changed: Jul 22
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,729
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,580
$534.6K
Cap Rate 7%
$381,843
$381.8K
Cap Rate 9%
$296,989
$297.0K
Market Conditions
NOI Build-Up for 2,928 SF
Gross rent
$40.4K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$38.2K $13.04/SF
− OpEx
−$11.5K −$3.91/SF
NOI
$26.7K $9.13/SF
Area
Coconino County, AZ
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,580
Cap Rate 7%
$381,843
Cap Rate 9%
$296,989
Alternative Uses
Best Use
Multifamily LT 5
$381.8K
$334.1K – $445.5K
NOI $26,729 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$354.1K
$309.8K – $413.1K
NOI $24,784 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$809.5K
$708.3K – $944.4K
NOI $56,663 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
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Business Placement
Demographics for 86040, AZ
10,179
Population
4,801
Households
2.1
Avg Household Size
34
Median Age
24%
College-Educated
90%
High-School Grad
887.9 sq mi
ZIP Area
11
Density / Sq Mi
$82,544
Median Household Income
$47,070
Median Earnings
$1,009
Median Rent
$124,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units each offer 2 bedrooms and 1 bath with in-unit kitchen appliances and separate laundry space.
Where is this quadplex located?
The property is located at 126 Plateau Ct Page, AZ.
What is the asking price?
The asking price for this property is $599,000.
