Description
INCREDIBLE INVESTMENT OPPORTUNITY WITH A CAP RATE OVER 8% FOR A NEW BUYER. TWO LEASED HOMES WITH OAK CREEK FRONTAGE! Both are 648 sf, 2 bed, 1 bath manufactured homes built in 1998. 2685 and 2689 S Horton (Parcels 407-07-509 and 407-07-508), totaling 1.21 acres, included in the sale. Long term tenants want to stay. Each tenant has agreed to renew a lease with a new owner for $900 a month. Will not qualify for traditional lending since it is two separate homes. Cash, Investment Loan or Hard Money Loan only. Please do not disturb tenants. 48 hours notice to show.
Location
IDX information provided by the Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 1st June, 2023 2:52 PM (UTC)
Listing Office: Chambers Realty Group