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Fully Updated Triplex 704 W 11th St 3 Unit Apartment Building $620,743 CAD ($206,914 CAD/Unit) 8.67% Cap Rate Casa Grande, AZ 85122
INVESTMENT HIGHLIGHTS
- Fully Renovated
- 100% Occupied
- All 2 Bedroom Units
EXECUTIVE SUMMARY
Turnkey & Fully Renovated Triplex! New EVERYTHING!! New Roof, New A/C Units, New Cabinets, New Windows, New Doors, New Trim Throughout, New Floors, New Lighting, New Electrical and Plumbing +More+!! Good tenants that pay their rent! 100% Occupied! All units are 750 Square Feet - 2 Bed/1 Bath. Casa Grande is strategically located between the metropolitan hubs of Phoenix and Tucson and is nestled within the Arizona Innovation and Technology Corridor, the Center for Manufacturing, Logistics, Healthcare, Retail and Commerce within Pinal County. As the Employment Opportunities Continue to Grow, so is the Need for Housing! Easy Access to Freeways, Shopping, Services, Entertainment and Employment! Just kick back and collect the rents!!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$66,194
|
$29.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,194
|
$29.42
|
| Taxes |
$959
|
$0.43
|
| Operating Expenses |
$11,413
|
$5.07
|
| Total Expenses |
$12,372
|
$5.50
|
| Net Operating Income |
$53,822
|
$23.92
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $66,194 |
| Annual Per SF | $29.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $66,194 |
| Annual Per SF | $29.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $959 |
| Annual Per SF | $0.43 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,413 |
| Annual Per SF | $5.07 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,372 |
| Annual Per SF | $5.50 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $53,822 |
| Annual Per SF | $23.92 |
PROPERTY FACTS
| Price | $620,743 CAD | Building Class | C |
| Price Per Unit | $206,914 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,250 SF |
| Cap Rate | 8.67% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1972/2025 |
| Property Type | Multifamily | Parking Ratio | 2.67/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | MF - Multi Family | ||
| Price | $620,743 CAD |
| Price Per Unit | $206,914 CAD |
| Sale Type | Investment |
| Cap Rate | 8.67% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,250 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2025 |
| Parking Ratio | 2.67/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF - Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Family Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $1,970 CAD | 750 |
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Fully Updated Triplex | 704 W 11th St
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