101080 . 14 Home SFR Portfolio

101080 . 14 Home SFR Portfolio , Phoenix, AZ 85037

  • For Sale $7,070,000
  • Property Type Multi-Family
  • Property Size 25,945 SF
  • Units 4
  • Lot Size 2.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 2002
  • Year Renovated 2012
  • Date Updated Oct 13, 2024
The Phoenix-Mesa-Chandler metro area, often simply referred to as the Phoenix metro, is a dynamic and rapidly growing region. As of 2024, its population stands at approximately 5,015,678, making it one of the fastest-growing metropolitan areas in the United States​. This growth is driven by a combination of economic opportunities, a favorable climate, and a relatively lower cost of living compared to other major U.S. cities. Economically, the Phoenix metro area is a hub of diverse industries, including technology, manufacturing, healthcare, and finance. The region has seen significant investments from tech giants like Intel, which continues to expand its operations in Chandler, contributing to the area’s reputation as a burgeoning tech hub. Additionally, the healthcare sector is robust, with major players like Banner Health and the Mayo Clinic providing extensive services and employment opportunities. The real estate market in Phoenix has been particularly vibrant. The median home value in the metro area is approximately $454,000​. Over the past five years, the region has experienced a substantial increase in home prices, rising from around $280,000 in 2019. This surge is largely attributed to the high demand and limited supply of housing, driven by the influx of new residents and businesses​. Rental prices in the Phoenix metro have also seen significant increases. As of 2024, the year-over-year rent increase is around 25.4%. This sharp rise reflects the high demand for rental properties, particularly as many new residents seek temporary housing before purchasing homes. The total number of renter-occupied homes in the region is approximately 257,538 units, accounting for about 44% of the total housing units​. The median household income in Phoenix is approximately $82,884​, which aligns closely with the national average. This income level, combined with the rising cost of housing, indicates a competitive but accessible market for many residents. Overall, the Phoenix metro area continues to attract new residents and businesses, contributing to its dynamic growth and economic development. With its diverse economy, expanding real estate market, and increasing population, Phoenix is poised for continued prosperity in the coming years.

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Highlights

  • All homes are single-family detached
  • Asset mix consists of seven 3 bedroom and seven 4 bedroom
  • 14 homes scattered in Peoria, Phoenix and Sun City
  • Portfolio is self-managed
  • Average home size of 1,853 square feet and an average vintage of 2002
  • All homes were remodeled between 2013-2022
  • The average asking price is $428,000
  • 100% leased to fully vetted tenants
  • Minimal deferred maintenance
  • Significant CapEx deployed throughout the portfolio
  • Projected Year 1 stabilized Net Cap Rate of 4.25%
  • Projected Year 1 stabilized NOI of $91,003
  • All SVN® Offices are Independently Owned & Operated
  • Local Broker License Information: www.SFRhub.com/realestatelicensing

Contacts

broker

Tom Johnston

SVN | SFRhub Marketplace

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent
  • Transit Score ®

    39/100 Some Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Maryvale
  • Zip Code 85037
  • Market Phoenix

Points of Interest

  • 19th Ave/ Camelback

    9.19 miles

  • 19th Ave/ Montebello

    9.28 miles

  • Glendale/ 19th Ave

    9.62 miles

  • QuikTrip

    0.35 miles

  • Chevron

    0.72 miles

  • ChargePoint

    0.80 miles

  • 7-Eleven

    1.03 miles

  • Mobil

    1.10 miles

  • Circle K

    1.14 miles

  • Shell

    1.27 miles

  • Safeway Fuel Station

    1.68 miles

  • Glendale Supercharger

    3.24 miles

  • Tesla Supercharger

    4.46 miles

  • Employee Garage

    0.83 miles

  • Parking - Legacy Traditional School

    1.28 miles

  • Green F Field Oversized Carpark

    2.42 miles

  • Green East General Carkpark

    2.51 miles

  • Orange General West Carpark

    2.52 miles

  • Orange West General Carpark

    2.67 miles

  • Grey East Preferred Express Carpark

    2.75 miles

  • Red West Preferred Carpark

    2.77 miles

  • Red North Preferred Carpark

    2.81 miles

  • SpringHill Suites

    1.54 miles

  • Comfort Suites Glendale - State Farm Stadium Area

    1.63 miles

  • Holiday Inn Express & Suites Phoenix West Tolleson

    1.68 miles

  • Courtyard Phoenix West/Avondale

    1.74 miles

  • Fairfield Inn & Suites Phoenix West/Tolleson

    1.76 miles

  • Best Western Tolleson

    1.91 miles

  • Victory Inn

    1.94 miles

  • Premier Inns Tolleson

    2.01 miles

  • Home2 Suites by Hilton Phoenix Avondale

    2.32 miles

  • Holiday Inn Glendale - Stadium & Entertainment District

    2.67 miles

  • Filiberto's Mexican Food

    0.56 miles

  • Palermos Pizza

    0.57 miles

  • Church's Chicken

    0.57 miles

  • Jack in the Box

    0.58 miles

  • La Carreta De Lily

    0.65 miles

  • Subway

    0.66 miles

  • Yan's Chinese Food

    0.66 miles

  • McDonald's

    0.66 miles

  • Dunkin'

    0.67 miles

  • Gus's New York Pizza

    0.80 miles

  • Pendergast Elementary School

    0.04 miles

  • Desert Horizon Elementary School

    0.75 miles

  • Westwind Elementary School

    0.89 miles

  • Sheely Farms Elementary School

    1.19 miles

  • Legacy Traditional Schools

    1.21 miles

  • Pan American Charter School

    1.23 miles

  • Starlight Park School

    1.45 miles

  • Copper Canyon High School

    1.50 miles

  • The ACES

    1.66 miles

  • Raul Castro Middle School

    1.69 miles

  • Pendergast Early Learning Center

    0.21 miles

  • Kids Incorporated

    0.63 miles

  • Raising Arizona Preschool

    1.68 miles

  • Guardian Angel Preschool

    2.08 miles

  • Amigo Preschool

    2.61 miles

  • Tots Unlimited

    3.37 miles

  • Teach N' Fun

    4.00 miles

  • American Child Care Centers

    4.27 miles

  • Brighton School Kindergarten

    4.46 miles

  • Sunrise Pre-School

    4.86 miles

Frequently Asked Questions

How much does 101080 . 14 Home SFR Portfolio cost?

The space currently listed for sale at 101080 . 14 Home SFR Portfolio asks for $7,070,000.

What is the total square footage of 101080 . 14 Home SFR Portfolio?

101080 . 14 Home SFR Portfolio totals 25,945 square feet.

When was this property built?

101080 . 14 Home SFR Portfolio was built in 2002.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Tom Johnston

SVN | SFRhub Marketplace