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7137 S 68th Glen

Phoenix AZ 85339

4
2
2
Other
Currently for sale - view listing

Overview

Are you seeking an investment opportunity that generates passive income? Look no further than this exceptional Behavioral Health Facility. With a current cap rate of 7.33%, this property is licensed for up to five residents, and represents a rare opportunity for savvy investors.The owner pays all HOA fees, property taxes, and home insurance, Additionally, this property is currently leased for 5 years, with an annual rental increase of $200 per month, providing a steady stream of income.If you're looking for a smart, low-maintenance investment with significant upside potential, this Behavioral Health Facility is a must-see. Don't miss out on this rare chance to generate passive income

Features

4 bedrooms
2 bathrooms
2 carspaces
Other

Property history for 7137 S 68th Glen

2022
Sold
$461,000
06 Apr 2022 by Cheryl Reinhold, of Realty ONE Group
2018
Sold
$204,000
20 Apr 2018 by Zongfu Li, of Lichi Investment, LLC

Happy sellers in Phoenix

92%
92% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Phoenix over the last 12 months.

Local market activity for 4 bedroom other properties in Phoenix

In the last 12 months, 1 four-bedroom other similar to 7137 S 68th Glen, have been sold.

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