New Listing
$649,900 $3,489 est/mo Sourced by Back At You
1022 N Main Drive , Apache Junction, AZ 85120
Apache Junction, AZ 85120
Description
1022 & 1034 Main Dr highlights four living units, three of which are ground-set, bank-financeable modular homes & one site-built 1-bedroom unit; all unit interiors were renovated in 2022. The seller is willing to finance the asset with reasonable terms that would provide strong cash flow! The investment would allow for significant opportunities for an investor to acquire a cash-flowing asset in a growing market! The Apache Junction property zoning (RS-10M) may allow for additional density and homes! All ground-set homes are currently owned by the owner. Current rents are below market, yet still generating a strong rent for the asking price. The asset is just below an acre of land that can be optimized to increase NOI day 1!
Details
| MLS# | 6815436 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1970 |
| Days On Site | 6 |
| Listing Provided By | Orion Investment Real Estate | Cody Leslie |
Features
| Pool | Yes |
|---|---|
| Units | 4 |
| Building(s) | 5 |
| Zoning | Residential |
Market Activity 85120
"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
| State | AZ |
|---|---|
| County | Pinal |
| City | Apache Junction |
| Zip Code | 85120 |
| Area | Pinal |
| Community Name | S18 T1N R8E |
| School District | Apache Junction Unified District |
| Elementary School | Apache Junction Unified District |
| Middle School | Cactus Canyon Junior High |
| High School | Apache Junction Unified District |
| Listing VS Median (in S18 T1N R8E) | |
Price: $649,900 low | high Med: $306,500 On Site: 6 low | high Med: 133.000000 | |
Listing Updated: February 4, 2025 at 9:06:31 PM PST
"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"POWERED BY
