Multi Tenant Building For Sale
$675,000
11116 W California Ave, Youngtown, AZ 85363
For Sale
Office
Building
Active
Last Updated: 12/22/2022
63,127
NOI
9,000 sqft
Building Size
Details:
NOI: $63,127
Building Size: 9,000 sqft
Year Built: 1979
Parking Spots: 47
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.
Location
Gallery
