Listing Details:
Listing ID: 7004263
Updated: 3/26/2026 9:48am
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $5,371.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 27 |
| Year Built | 1986 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Matthews Real Estate Investment Services |
Description:
The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.
Property Location:
Listed By: Matthews Real Estate Investment Services | Bradley Skenderian 949-533-5594
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
