Listing Details:
Listing ID: 7051097
Updated: 7/7/2026 4:49pm
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $0.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 15 |
| Year Built | 1957 |
| Lot Size | 35657.00 |
| County | Maricopa |
| Listed By | R.O.I. Properties |
Description:
This is a rare opportunity to acquire the leased-fee (lessor) interest in a five-property residential ground-lease portfolio across Scottsdale, Tempe, and Mesa -- three single-family homes, one triplex, and one fourplex, ten residential units in total. The owner holds the land and collects an in-place ground rent of approximately $31,707 per year that increases 17.5% every five years by contract. The leases are absolute-n: the lessees pay all property taxes, insurance, maintenance, and capital costs, leaving the owner with no operating responsibilities. Roughly 93 to 97 years remain on the 99-year terms, at the end of which the land and all improvements revert to the owner at no cost.
Property Location:
Listed By: R.O.I. Properties | Aaron Gutierrez 602-396-8004 | Reuben Z Nach 602-881-4724
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
