Six on Heatherbrae presents a compelling value-add multifamily investment consisting of spacious two-bedroom, one-bath units, each featuring central air conditioning and private, generously sized backyards--an increasingly rare amenity in this asset class. The property is fully gated, offering enhanced security and tenant appeal.Current rents are significantly below market at approximately $995 per unit, all on month-to-month leases, providing immediate upside. With strategic renovations, rents are projected to achieve $1,300 to $1,450 per unit, creating a clear path to increased cash flow and asset appreciation. An on-site laundry facility offers additional income potential and operational efficiency.
Listed By
Agency Name: Get Multifamily
Agency Phone: 480-795-7938
Shown By
Agent Name: Ashley Pickens
Agent Phone: (480) 948-4711
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 2,788.15 per month $2,225.34 Principal & Interest $271.17 Property Tax $291.64 Homeowner's Insurance
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2140 W Heatherbrae Drive | MLS# 7010161
This multi-family property located at 2140 W Heatherbrae Drive, Phoenix, AZ 85015 is currently listed for sale with an asking price of $999,900. W Heatherbrae Drive is located within the Phoenix Union High School District school district. Search Phoenix real estate on ashley.arizonabest.com today.