Multi Tenant Building For Sale
11116 W California Ave, Youngtown, AZ
$675,000
Price
$63,127
NOI
9,000 sqft
Building Size
Overview
Description
CASH COW! up to 9.4% + CAP. This well kept multi tenant building has three addresses 11116,11124,11132 W California Ave., just off of 111th Ave in Youngtown. Some tenants have been here 20+ years! Seller say everyone pays on time! Rents could be higher! Very well kept building. Even with one vacancy the CAP is 8%. Filling the one vacancy would bring the CAP up to about 9.4%. All other suites are currently occupied by various businesses. Monument signs at front east side. All suites exit to 47 parking spots. Annual ''other expenses'' are all utilities.
EXCELLENT CAP RATE. SHOWINGS ONLY PERMITTED WITH BUYER PROOF OF FUNDS or PREQUAL FROM LENDER.