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8805 S 51ST ST 2, Phoenix, AZ 85044 8805 S 51st St 1 Unit Apartment Building $515,954 CAD ($515,954 CAD/Unit) 6.47% 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 |
$41,834
|
$6.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,834
|
$6.53
|
| Taxes |
$2,662
|
$0.42
|
| Operating Expenses |
$6,275
|
$0.98
|
| Total Expenses |
$8,937
|
$1.39
|
| Net Operating Income |
$32,897
|
$5.13
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $41,834 |
| Annual Per SF | $6.53 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $41,834 |
| Annual Per SF | $6.53 |
| Taxes (CAD) | |
|---|---|
| Annual | $2,662 |
| Annual Per SF | $0.42 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,275 |
| Annual Per SF | $0.98 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $8,937 |
| Annual Per SF | $1.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $32,897 |
| Annual Per SF | $5.13 |
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
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Total Assessment | $88,316 CAD (2025) | |
| Land Assessment | $70 CAD (2025) | Annual Taxes | $2,662 CAD ($0.42 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$70 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$88,316 CAD (2025)
Annual Taxes
$2,662 CAD ($0.42 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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