Creative Deals > Arizona > Phoenix, AZ 85007
Deal Type: Seller Finance
Property Type: Multifamily (7-unit mixed)
4×2bd
2×1bd
1×studio
Total Living Area: ~4,250 sqft total
Lot Size: 0.29 acres
Year Built: 1990
Parking: 7 spaces
Parking Features: Paved, 1 Space/Unit, On Street, Carport
Interior demo & framing to the vacant units (5 total)
HOA: No
Exit Strategy: Co-Living / MTR / LTR
Loan Amount: $1,170,000
P&I: $5,230
Interest Rate: 3.5%
Amortization: 30 years
Balloon: 7 years
Studio x 2 @ $1000
1BR x 3 @ $2,200
2BR x 2 $ $2,500
→ $13,600/mo gross pro-forma
Co-living / MTR strategy - $11,500/mo gross
Gross Income: ≈ $11,500/mo
Opex (35%): ≈ $4,025/mo
NOI: ≈ $7,475/mo
Debt Service (P&I @ 3.5%): ≈ $5,254/mo
Projected Cashflow: ≈ $2,200/mo
DSCR: ≈ 1.42
CoC (on $205K down, pre-CapEx): ≈ 13%
Notes:
Co-living / MTR is where this deal shines – bedroom density + cheap paper.
CapEx can be phased over 12–24 months while the asset cashflows.
BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY AND MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
Seller of this property either owns or has equitable contractual interest in the properties marketed. Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that the seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that they are purchasing the property in 'as is, where is' condition.
Submit your offer and information by clicking 'Submit an Offer'. A contract will be delivered electronically once an agreement has been made and must be executed by the End Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company who will help facilitate the closing process. Earnest Money Deposit must be wired to Title. End Buyer will pay all closing costs which will be outlined on the final settlement statement of the deal.

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