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Kenworthy Rd & Martin Rd
Coolidge, AZ 85128
Asking Price
$7.00M
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 1,123 Units <ul><li>Property APNs: 209-30-002A, 209-30-0010</li><li>Size: ±293 Acres</li><li>Zoning: PAD (Coolidge)</li><li>Approved for 1,123 manufactured housing units (55'x110')</li><li>Jurisdiction: Coolidge</li><li>Hohokam Irrigation District</li><li>AZ Water Company - Received Alternative Designation of Assured Water Supply</li><li>Water: To the site</li><li>Sewer: 1/2 mile north of the site</li><li>Taxes: $13,299 (2025)</li><li>Pricing: $7,000,000 ($23,890 per acre)</li></ul>
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168