16226 N 29th St

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16226 N 29th St

Phoenix, AZ 85032
Asking Price
$675K
Asset Type
Residential Land
Class
Class B

What's Special

Land | 1.16 acres <ul><li>​High-barrier-to-entry submarket</li><li>​Proximity to SR-51 & Loop 101</li><li>​Multifamily residential zoning in place</li><li>​Lot accomodates up to 23 Townhome Units</li><li>​Seller will allow time for entitlements</li></ul>

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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62

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