Property summary
This fully leased, eight-unit apartment building in Phoenix, Arizona presents a compelling investment opportunity. The property, built in 1980 and extensively renovated in 2023, boasts a 100% occupancy rate and a strong net operating income (NOI) of $121,353, yielding an 8.12% cap rate. The asking price is $1,495,000. The property operates under a triple-net (NNN) lease, meaning the tenant covers all expenses including taxes, insurance, and maintenance, providing predictable cash flow for… the owner. Recent renovations exceeding $200,000 include new bathrooms with tile showers, updated flooring, new appliances, fresh interior and exterior paint, enhanced security features (steel fence, new exterior doors, and surveillance cameras), upgraded kitchen cabinets, improved laundry facilities, and updated hot water heaters and AC units (within the last five years). The two-story building sits on a single lot, zoned R-4, and offers a stable income stream from a long-term master lease with a reputable tenant. This stabilized investment property offers minimal management responsibilities and significant potential for long-term appreciation in the thriving Phoenix market. All financial figures and lease terms should be independently verified by the buyer.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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