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2719 W Maryland Ave
Phoenix, AZ 85017
Asking Price
$1.39M
Cap Rate
7.82%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8 Units | 7.82% Current Cap Rate <ul><li>8 Units | Built 1958 | Extensively Renovated 2025–2026</li><li><strong>Type: </strong>2-Story, Garden Style</li><li><strong>Unit Mix: </strong>(1) Studio, (5) 1+1, (2) 2+1</li><li><strong>Average Unit Size: </strong>558 Sq. Ft.</li><li><strong>Current Cap Rate </strong>(Owner-Provided Financials): 7.82%</li><li><strong>Current Gross Rent/Month</strong>: $10,594</li><li>New Roof, Electrical Systems, Sewer Lines & Plumbing</li><li>Fully Renovated Unit Interiors</li><li>On-Site
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NOI
$80,000
Cap Rate
5.78%
DSCR
0.97
Underwater
Cash-on-Cash
-0.54%
Monthly Payment
$6,852.224
Annual Cash Flow
$-2,226.692
