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4401 N 21ST ST
PHOENIX, AZ 85016
Asking Price
$4.25M
Asset Type
Multifamily
Class
Class B
What's Special
Multiple Parcel Assemblage <p>Turney Villas is a centrally located multifamily investment opportunity consisting of a 16-unit apartment complex made up of mostly two bedroom/one bath units, and two separate houses. All units, except the one bedroom/one bath have a fenced in back or front yard. Most of the units have coated cement floors. There is both covered and uncovered parking available to the tenants, with ample street parking in front of the complex. The building was completely remodeled when the current owner purch
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NOI
$80,000
Cap Rate
1.88%
DSCR
0.32
Underwater
Cash-on-Cash
-13.52%
Monthly Payment
$21,026.681
Annual Cash Flow
$-172,320.173
