Off-Market Vacant Opportunity (ADU play)

Description:

South Phoenix AZ 85041 (Atlanta Ave corridor)
4 Bed / 2 Bath / 2 Car Garage
1,768 sq ft | 20,000 sq ft Lot |  Built in 2008
Cosmetic rehab only (solid bones!)
Rents $2,200 – $2,400 | Stabilized cap ≈ 6.9 % | IRR ≈ 11 %
Located in the sought-after South Phoenix corridor — tons of upside

ADU Value Add Strategy:
Build a 1-bed / 1-bath detached unit
(400–600 sq ft) for rentals or multigenerational use.

Rental comps for ADUs in Phoenix: $1,200–$1,500/month.
Potential ROI boost:
Increases monthly cash flow
Increases resale value by $75K–$125K
Can push cap rate up to 8–9%+ with low construction cost
(~$100–$130/sq ft for a basic build)

Why This Property Is Ideal for an ADU:
Lot size (20,000 sq ft) offers ample room to build an additional structure.
Phoenix zoning laws increasingly support infill and densification (especially in South Phoenix).
Recent city planning initiatives are encouraging affordable housing solutions like ADUs.

End Buyers Only
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NO MLS • NO BROKERS • SERIOUS BUYERS ONLY