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8805 S 51ST ST 2, Phoenix, AZ 85044 8805 S 51st St 1 Unit Apartment Building $595,952 CAD ($595,952 CAD/Unit) 5.46% Cap Rate Phoenix, AZ 85044
Investment Highlights
- Robust rental demand
- Privacy
- On the golf course
Executive Summary
Pristine & immaculate 2 bed, 3 bath, 1 car garage townhome is move-in ready & located in desirable Pointe South Mountain, right on the golf course! Property boasts an abundance of privacy w/ private gated yard. The townhome is nicely painted & features new flooring, high ceilings, & large windows with stunning views & fireplace for added comfort & ambiance. The master bedroom suite is spacious & offers a private balcony. Additionally, bonus area that can be utilized as an office. All newer appliances are included, water, sewer & garbage services are also included in the rent. Residents will have access to community amenities such as a heated pool, walking & biking paths, an open park, & a golf course. Property is currently leased to 4/08/26.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$40,809
|
$6.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$40,809
|
$6.37
|
| Taxes |
$2,597
|
$0.41
|
| Operating Expenses |
$6,121
|
$0.96
|
| Total Expenses |
$8,718
|
$1.36
|
| Net Operating Income |
$32,091
|
$5.01
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $40,809 |
| Annual Per SF | $6.37 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $40,809 |
| Annual Per SF | $6.37 |
| Taxes (CAD) | |
|---|---|
| Annual | $2,597 |
| Annual Per SF | $0.41 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,121 |
| Annual Per SF | $0.96 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $8,718 |
| Annual Per SF | $1.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $32,091 |
| Annual Per SF | $5.01 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Range
- Views
- Walk-In Closets
- Yard
- Breakfast Nook
- Dining Room
- Double Pane Windows
- Island Kitchen
- Lawn
- Pantry
- Patio
- Warming Drawer
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
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Property Taxes
| Parcel Numbers | Total Assessment | $86,726 CAD (2025) | |
| Land Assessment | $68 CAD (2025) | Annual Taxes | $2,597 CAD ($0.41 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$68 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$86,726 CAD (2025)
Annual Taxes
$2,597 CAD ($0.41 CAD/SF)
Tax Year
2024
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8805 S 51ST ST 2, Phoenix, AZ 85044 | 8805 S 51st St
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