Phoenix Homes with Other Parking Features

Phoenix Homes with Other Parking Features

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the breathtaking beauty of the desert. Nestled in Maricopa County, Phoenix is the fifth-largest city in the United States and boasts a warm, sunny climate that attracts residents and visitors alike. With its stunning mountain ranges, lush parks, and an array of cultural attractions, Phoenix is a place where outdoor adventure and city life harmoniously coexist.

One of the many appealing aspects of living in Phoenix is the diversity of housing options available. For those seeking homes with unique parking features, you’ll find a wealth of properties that cater to your needs. Whether you prefer a spacious garage, a carport, or additional parking spaces for guests, the Phoenix real estate market offers a variety of homes equipped with these amenities. This is particularly beneficial in a city where outdoor activities and social gatherings are a way of life, allowing you to easily accommodate family and friends.

In addition to its impressive housing options, Phoenix is known for its strong sense of community, excellent schools, and a booming job market. From the bustling downtown area filled with shops, restaurants, and entertainment venues to the serene suburbs that offer a more relaxed pace, there's something for everyone in this dynamic city.

Explore the possibilities of making Phoenix your home, where you can enjoy the perfect blend of comfort, convenience, and captivating desert landscapes. With homes that feature the parking amenities you need, you’re one step closer to experiencing the vibrant lifestyle that this remarkable city has to offer!

Newest Phoenix Homes with Other Parking Features

$1,625,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 7.83% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 7.83% cap rate at the $1,625,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800, equivalent to an 8.05% cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

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