Southwest of Rainbow Valley Road and Ocotillo Road

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Southwest of Rainbow Valley Road and Ocotillo Road

Goodyear, AZ 85326
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

What's Special

Land | 320 acres <p>Prime 1031 Exchange or Investment Opportunity in the path of growth located in the South Goodyear area. The site is currently located in Maricopa County with low property taxes of $265.92 per year. It is located within the City of Goodyear planning area for medium density residential 2-4DU/AC and adjacent to Goodyear annexed property. Property can be annexed into the City of Goodyear, and Goodyear is a 100-year water provider. There are new Taylor Morrison Homes and Toll Brother Homes within

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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