3817 N 9TH Place

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3817 N 9TH Place

Phoenix, AZ 85014
Asking Price
$699K
Cap Rate
5.23%
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset available for purchase in Phoenix Arizona
  • Current asking price set at 699000 dollars
  • Property generates a 5.23 percent capitalization rate
  • Located in the 85014 zip code area
  • Positioned within a major and growing metropolitan market

What's Special

Investors seeking to expand their residential holdings in Phoenix may find value in this multifamily asset. Situated within the 85014 zip code, the property benefits from its position in a major metropolitan area characterized by consistent population growth and a diverse, expanding economy. Phoenix remains a hub for business development and regional commerce, making well-located residential units a stable consideration for capital deployment. This investment opportunity provides a 5.23% cap rate at an asking price of $699,000. The scale and location of this multifamily asset offer flexibility for management strategies within the local rental market. Prospective buyers should note the proximity to central Phoenix infrastructure, which supports long-term tenant demand and asset viability in this active desert market.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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