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1616 E PORTLAND ST
PHOENIX, AZ 85006-3631
Asking Price
$1.25M
Asset Type
Residential Land
Class
Class B
What's Special
Land | ±58,492 SF <p>Approved for 17 Townhomes for Rent</p><p>Located in an Opportunity Zone and Qualified Census Tract</p><p>Near Roosevelt Row and DTPHX</p><p>Positioned Ahead of the Next Multifamily Cycle</p>
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
