2324 W LONE CACTUS Drive #101, Phoenix, AZ 85027 - MLS#6969622

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Jay Patel

jay@thejaypatelgroup.com +1(623) 888-6210

$765,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Lone Cactus Apartments Condominium

MLS Listing ID 6969622

Year Built 2004

Annual Tax Amount $1,298

Tax Year 2025

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2 bedroom units. 100% occupied. Offered at a highly competitive $220/sf. 6 CAP. No HOA. Fully stabilized with historically strong occupancy. There are many amenities with the complex, including in-suite washer/dryer units, dishwashers, storage units, ample parking, & great unit layouts. Solid $1200/rents that still offer room for increases. Well-maintained & managed. Deer Valley is a diverse village bordering Peoria & the Loop 101. Close to the Cave Buttes, Moon Valley, & the Adobe Dam Regional Park, as well as many businesses. This location provides a rich tenant-base for maintaining 100% occupancy over the long-term. Please do not disturb the tenants.

Location

State AZ

County Maricopa

Community Lone Cactus Apartments Condominium

Area Maricopa

Zoning R-5

Direction Just east of I-17 & Deer Valley and south of Deer Valley Rd.

Interior

Heating Heat Pump, Electric

Cooling Electric, Heat Pump

Flooring Carpet

Appliance Disposal, Dishwasher, Refrigerator, See Remarks, Built-In Electric Oven, Washer/Dryer

Exterior

Parking Features See Remarks, Paved, Free, >1 Space Per Unit

Community Features Other, See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Deer Valley Unified District

Others

Senior Community No

Tax ID 209-07-114

Acceptable Financing No Carry, Conventional

Disclosures Seller Prop Disc Stm

Listing Terms No Carry, Conventional

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Listed by Better Homes & Gardens Real Estate SJ Fowler

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Jay Patel

+1(623) 888-6210

Team Leader | SA539421000

Team Leader SA539421000

2324 W LONE CACTUS Drive #101 Phoenix, AZ 85027

Jay Patel

Key Details

Location

Interior

Exterior

Building

Schools

Others

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