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1724 W Desert Cove Ave
Phoenix, AZ 85029
Asking Price
$500K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 24,687 SqFt <ul><li>Zoned R-3 for multifamily development</li><li>Spacious lot in the thriving Phoenix area</li><li>Proximity to major transportation routes</li><li>Potential for high rental demand</li><li>Favorable market conditions for multifamily investment</li><li>Desirable location for future development</li><li>Strong potential for long-term investment growth</li><li>Infrastructure supports multifamily development</li><li>Close to amenities and local conveniences</li><li>Appealing investment
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274
