Description

QUICK SALE - ALL CASH OFFERS ONLY! NO SELLER FINANCING, NO FINANCE CONTINGENCIES.

CASH COW, easy management, quiet area and property - Priced for quick sale! 70% of units are guaranteed on the first of the month for a state program! Based on actual income, not proforma. Request property package for details.

Buena Vida Apartments is a 24 unit, three-story Class B apartment complex in Phoenix, AZ built in 1983 and received a complete rehab in March of 2010 (new roof, new paint, new security gate, repaved lot, new kitchens/baths, etc). The property is currently 100% occupied, managed by one of the top Mgmt Companies. All units are sizable 2 bed, 1 bath units ranging from 701 to 728 sq. ft with mountain views. All units are updated with new kitchens, baths, floors, appliances, etc. Property is being sold well below replacement value. Tenants pay their own electric. In addition, all leases are expiring this year with upside potential.

Buena Vida Apartments is situated on Campbell Avenue just east of the Interstate-17 access road, one block south of Camelback Road. This frontage places residents within very close proximity to the metro Phoenix freeway system. Interstate-10 is located three miles south of Buena Vida, and SR-51 is located four miles east of the property. These freeways give residents easy access to Downtown Phoenix and all points in the metropolitan area. Close-by employment opportunities are concentrated along the highly desirable Camelback Corridor, and the Central Corridor, home to the largest employment centers in Arizona, located four miles to the east of Buena Vida Apartments. The prestigious Biltmore area, with its prominent retail and entertainment destinations, is located five miles to the east of the property.
A variety of schools are within walking distance to Buena Vida Apartments, providing residents with children easy access to Public education. Parks, churches and public facilities are located within a mile of the property. Grand
Canyon University, with an enrollment of approximately 20,000 students, is approximately two miles from the property.