HOT Phoenix Metro 4-Unit

2819 E Le Marche Ave. Phoenix AZ 85032
  • $800,000
  • $200,000
  • / Unit

HOT Phoenix Metro 4-Unit

2819 E Le Marche Ave. Phoenix AZ 85032
Yearly Income $59,820
Yearly Expenses $19,167
Current Rents $59,820
Pro Forma Rents $61,020
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 3618
  • Sq Ft
  • 1982
  • Year Built
  • 100%
  • Occupancy
  • 8
  • Parking
  • 2
  • Stories
  • None
  • Heating System
  • Central Air
  • Cooling System
  • In Unit, Free
  • Laundry
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 3618
  • Sq Ft
  • 1982
  • Year Built
  • 100%
  • Occupancy
  • 8
  • Parking
  • 2
  • Stories
  • None
  • Heating System
  • None
  • Cooling System
  • In Unit, Free
  • Laundry

About the property

2819 E Le Marche is a quality 4-plex offering updated units, boasting 2 bedrooms and 2 bathrooms per unit with a range of conveniences that make it a perfect choice for both investors and tenants. The property offers an ideal location across from Palomino School with nearby access to the 51 and 101 freeways. The community has a lot to offer, such as a community pool and nearby soccer fields and gazebos.

About the neighbourhood

  • Welcome to Phoenix, Arizona! Popular for its warm temperatures and year-round sun, it is a quickly growing city with great job opportunities and a strong local economy. The population growth and rising prices makes it an ideal location for investing.

Property Documents

Rent Roll
Expenses & UT
PCR
Rental Comps
Market Report

Property Financials

View current and future return metrics based on customizable inputs. "Annual Net Income", "Monthly Cash Flow", "Cash on Cash Return", "Equity Value", and "Equity Multiple" are based off of the "Year 2 Pro Forma" column inputs.

Property Current

This column shows the current financial state of the subject property. Some of these inputs may be estimations.

Year 2 Pro Forma

This column is based off of market rents and assumes proper property performance.

Debt Service

This column allows the user to add custom financing scenarios.

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Monthly Property Tax
  • Monthly Property Insurance
  • Monthly HOA Fees
$
%
%
$
$
$

Walkscore

Nearby

Arts & Entertainment
Sit Well Upholstery & Fabric (0.41 mi)
Good 107 reviews
Arrow Awards (0.42 mi)
Exceptional 22 reviews
Balloons by Tim (0.45 mi)
Exceptional 7 reviews
Education
Paradise Valley Unified School District No 69 (0.1 mi)
Average 1 reviews
Paradise Valley Unified School District (0.1 mi)
Average 1 reviews
Paradise Valley Unified School District (0.17 mi)
Average 1 reviews
Food
Paylow (0.37 mi)
Poor 1 reviews
Seydi's Pupuseria & Grill (0.44 mi)
Exceptional 92 reviews
Walgreens (0.46 mi)
Fair 17 reviews
Health & Medical
Sunshine Village (0.28 mi)
Good 5 reviews
With Child Center (0.44 mi)
Exceptional 1 reviews
Arizona Quick Medical Supply - Phoenix (0.44 mi)
Good 3 reviews

Contact Information

Mark Miller
  • Mark Miller

Enquire About This Property

Similar Listings

Compare listings

Compare
Mark Miller
  • Mark Miller
Property Pricing

Based on Citypoint’s communication with the seller, the price point listed is a price that the seller should be willing to transact at. Any terms for, or against, the seller can help/hurt this price level.

Many sellers have loan balances that need to be paid off at closing. If the seller’s net proceeds after commissions, taxes, closing fees, rent credits, security deposit credits, etc fall below their current loan balance the price will most likely be denied by the seller.

Bid prices are subject to final seller confirmation. Seller confirmation is subject to a final buyer and seller signed contract.

Multiple bids from multiple parties may exist.

Reserve property

Fill out Citypoint’s Reserve Property Form below. When complete a Citypoint representative will contact you to finalize the reservation.

OFF MARKET
INVENTORY

Fill out the application below to receive access to our off-market inventory & alerts on new off-market properties.

Why do I need to complete an investor application?

Many of our sellers choose to work with Citypoint due to the discretion provided when listing their property. They prefer not to alert tenants and/or neighbors that the property is being sold.​

They also trust Citypoint in bringing qualified investors that are ready, willing and able to buy properties. This ensures an efficient transaction process for both the buyer and the seller.

Already working with a Citypoint team member? No problem! Contact your team member to receive the most up to date off-market inventory.

Contact Us

Fill out Citypoint’s Contact Form below. When complete a Citypoint representative will contact you to answer your questions.