300 S Lazona Drive, Mesa, AZ 85204
Cash Flowing Great Long-Term Investment w/8.44% Cap Rate from actuals.Excellent Location! Great rental area next to Single-Family Neighborhood.Low Maintenance w/Newer Roof, New Porch, Back Fence, New Main Electrical, Newer A/C Units + Many Additional Updates!Long-term tenants(up to 6 years)that pay on time!No vacancies in past 18 mos.Easy Management-Just pick up the check! Residential Financing or Seller terms available – Wrap MortgageAsking Price:$240,000/Down Payment= $60,000 / Loan Amt: $180,000Term: 30 years with 5-year balloon 6% Interest RatePayment: $1,079.19 ($12,950.29 annual)Great unit mix-all 2 bedroom 1 bath. There is a laundry room that is separately metered w/hook ups only at this time.Great Investment Opportunity!