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Investment Highlights

  • 4 Bedroom / 3 Bathroom single-family rental Built in 2006 by Standard Pacific Homes
  • Current rent: $1,995 + $110 pet rent (below market) Projected rent: ~$2,200/month + pet rent
  • Desirable features: 2-car garage, covered patio, granite countertops Clear value-add opportunity through rental repositioning
  • Approx. 1,818 SF on 6,836 SF lot Long-term tenant in place – immediate income
  • In-place cap rate: 3.65% | Pro forma: 4.28% Low-maintenance construction – concrete tile roof & stucco exterior

Executive Summary

Property Overview
This well-maintained 4-bedroom, 3-bathroom single-family investment property offers a compelling combination of stable income, quality construction, and future rental upside. Built in 2006 by Standard Pacific Homes, the home features durable materials and functional design appealing to long-term tenants.
The property consists of approximately 1,818 square feet and sits on a 6,836 square foot lot (0.157 acres). Additional highlights include a 2-car garage, covered patio, and granite kitchen countertops, enhancing both tenant desirability and long-term value.
Currently leased to a long-term tenant, the property provides immediate income while offering the opportunity to increase rents to market levels.
Property Highlights
4 Bedrooms / 3 Bathrooms
Approx. 1,818 SF
Built in 2006
Builder: Standard Pacific Homes
Wood frame construction with painted stucco
Concrete tile roof (low maintenance)
Heat pump system
Granite kitchen countertops
Covered patio
2-car garage
6,836 SF lot (0.157 acres)
Investment Summary
Current Rent: $1,995/month + $110 pet rent
Below-market rents with upside to ~$2,200/month
RUBS income in place
Long-term tenant provides stability
Investment Narrative
This property presents an opportunity to acquire a newer construction (2006) asset with low-maintenance features and stable tenancy already in place. The concrete tile roof, stucco exterior, and efficient systems help reduce ongoing expenses, making it an ideal hold property.
With a spacious 4-bedroom, 3-bath layout, outdoor living via a covered patio, and interior upgrades such as granite countertops, the home is well-positioned to command higher rents in today’s market.
The current below-market lease allows an investor to increase income over time, improving overall returns while maintaining a strong, stable asset in a desirable rental segment.
Buyer to Verify all facts and figures

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $743,490 CAD
Price Per Unit $743,490 CAD
Sale Type Investment
Cap Rate 4.28%
Gross Rent Multiplier 21.18
No. Units 1
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Lot Size 0.16 AC
Building Size 1,819 SF
Average Occupancy 100%
No. Stories 1
Year Built 2005
Parking Ratio 1.1/1,000 SF
Zoning [PAD] Planned Area Develo - [PAD] Planned Area Development (Cm & Rd Uses)100% Structure

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Attic
  • Double Pane Windows
  • Family Room
  • Island Kitchen
  • Patio
  • Porch
  • Workshop
  • Large Bedrooms

Site Amenities

  • Picnic Area
  • Playground
  • Basketball Court
  • Cabana
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3 1 $3,196 CAD 1,819
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
509-17-432
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$23,453 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39931191

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 14230 W Calavar Rd, Surprise, AZ 85379

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