Courtesy of: Cecilia Mulroy, My Home Group Real Estate, ceciliamulroy@gmail.com
Courtesy of: Cecilia Mulroy, My Home Group Real Estate, ceciliamulroy@gmail.com
$795,000
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4 bed
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4.00 Bath (4 Full)
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Other
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$795,000
6249 N LITCHFIELD Road 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76, 800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43, 200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 * 4 units = $3, 600/month * Annual = $43, 200 Scenario 1 - Moderate Increase ($1, 050/unit): * $1, 050 * 4 = $4, 200/month * Annual = $50, 400 * + $7, 200/year increase Scenario 2 - Market Alignment ($1, 200/unit): * $1, 200 * 4 = $4, 800/month * Annual = $57, 600 * + $14, 400/year increase
Courtesy of: Cecilia Mulroy, My Home Group Real Estate, ceciliamulroy@gmail.com
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