Phoenix Homes with Other Parking Features

Phoenix Homes with Other Parking Features

Welcome to Phoenix, Arizona, a vibrant city that perfectly blends the allure of urban living with the stunning beauty of the Sonoran Desert. As the fifth-largest city in the United States and the heart of Maricopa County, Phoenix boasts a rich tapestry of culture, art, and outdoor adventures. With its year-round sunny weather, residents enjoy a plethora of recreational activities, from hiking the iconic Camelback Mountain to exploring the lush trails of South Mountain Park.

Phoenix is not just about breathtaking landscapes; it’s also a thriving hub for business and innovation, making it an ideal place for families and professionals alike. The city is known for its diverse neighborhoods, each offering unique amenities and community vibes. Whether you’re seeking a bustling urban environment or a serene suburban escape, Phoenix has something for everyone.

For those in search of homes that cater to modern lifestyles, many properties in Phoenix come equipped with various parking features to enhance convenience and accessibility. Whether you need a spacious garage for multiple vehicles, designated parking spaces for guests, or even RV parking options, you’ll find a range of homes that meet your needs. This feature is particularly beneficial in a city where outdoor activities and road trips are a way of life.

Explore the endless possibilities that await in Phoenix, where your dream home is just around the corner. With its warm climate, friendly community, and diverse housing options, including homes with specialized parking features, Phoenix is ready to welcome you home.

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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