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1501 Grand Avenue
Phoenix, AZ 85007
Asking Price
$7.26M
Cap Rate
6.36%
Asset Type
Multifamily
Class
Class B
What's Special
Affordable Multifamily <p>The following 3 Phoenix properties are available for purchase as a portfolio:</p><p>1711 W Bell Rd</p><p>1501 Grand Ave</p><p>1780 W Missouri Ave</p>
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NOI
$80,000
Cap Rate
1.10%
DSCR
0.19
Underwater
Cash-on-Cash
-16.12%
Monthly Payment
$35,913.571
Annual Cash Flow
$-350,962.856
