Courtesy of: Erin M Woodruff, Realty ONE Group, therealtorerin@gmail.com
Courtesy of: Erin M Woodruff, Realty ONE Group, therealtorerin@gmail.com
$975,000
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8 bed
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4.00 Bath (4 Full)
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|
Other
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$975,000
1253 W SOUTHERN Avenue INCREDIBLE INVESTOR OPPORTUNITY -- RARE 4-PLEX IN TEMPE WITH A 9.08% CAP RATE! This high-performing multi-family asset is located just minutes from Arizona State University (ASU), Tempe Town Lake, major employment corridors, and Phoenix Sky Harbor International Airport. Properties in this pocket remain in constant demand, offering extremely low vacancy rates and consistent rental strength year-round. Fully leased and cash-flowing from day one, this 4-plex delivers one of the highest cap rates available in Tempe for a property of its kind--9.08%. Strong tenant base, stable rent rolls, and immediate income make this an ideal acquisition for buy-and-hold investors, 1031 buyers, or portfolio builders seeking reliable returns. Opportunities with this level of return in Tempe are extremely rare!
Courtesy of: Erin M Woodruff, Realty ONE Group, therealtorerin@gmail.com
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