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100751 . 4 Home SFR Phoenix AZ - Availability Details

100751 . 4 Home SFR Phoenix AZ, Phoenix, AZ 85083

  • For Sale $1,610,000
  • City Phoenix
  • Neighborhood Stetson Valley
  • Zip Code 85083
  • Market Phoenix
  • Property Type Multi-Family
  • Property Size 6,173 Sqft
  • Lot Size 0.63 Acre
  • Date Updated 23 Apr, 2021
Phoenix is the capital city of the state of Arizona and was originally settled in 1867. It is known by many as the Valley of the Sun, the Salt River Valley, and the Phoenix Metro. The metropolitan area surrounding Phoenix includes smaller cities like Scottsdale, Mesa, Tempe, and many other cities at the seat of Maricopa County. According to the U.S. Census Bureau in 2019, the city of Phoenix is the most populous city in Arizona, with a population of approximately 1,680,992 people. It is also the fifth most populous city in the United States. The metropolitan area is the 11th largest by population in the United States, with approximately 4.73 million people as of 2017. It is also one of the fastest-growing major metropolitan areas, gaining nearly 800,000 residents from 2010 to 2018, and nearly 1.6 million since 2000. Phoenix is home to a diverse population. From the retirees of Sun City, the college community of Tempe, to the new families and young professionals throughout, there are many reasons why so many have chosen the Valley of the Sun as their new home. Phoenix features a rich arts culture, resort-style golfing, dining, and booming nightlife. While much of daily life is spent moving quickly between air-conditioned buildings, the poolside lifestyle is vibrant. The coveted fall & winter climate attracts many seasonal residents known as snowbirds, who call Phoenix their second home. According to the Bureau of Economic Analysis of the U.S. Department of Commerce, in 2018, Maricopa County had a Gross Domestic Product of just over $220.8 billion, a 4.5% increase over the prior year. Some of the top industries included real estate, financial services, manufacturing, and healthcare. Major employers include Banner Health, Apollo Group Inc., Honeywell, and American Express. Luke Air Force Base, located in the western suburbs, contributes to the significant military presence in Phoenix. The tech sector has been growing rapidly in the last decade and Phoenix has been nicknamed the Silicon Desert.
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Location

  • City Phoenix, AZ
  • Neighborhood Stetson Valley
  • Zip Code 85083
  • Market Phoenix

Contacts

broker

Jeff Cline

SVN | SFRhub Advisors

(602) 441-5354

Highlights

  • For more information, please visit www.SFRhub.com and search for portfolio 100715!
  • Rental rates are 10% below current market rates
  • Metro Phoenix Home values are up 19.6% YoY and projected to grow by 15.5% in 2021
  • Rental rates are up 9.8% YoY and projected to increase by 6.8% in 2021 in Metro Phoenix
  • The portfolio is managed by the operator and the homes have been meticulously maintained
  • The owner has made significant CapEx investment in each property
  • Properties are within close proximity to each other
  • All homes are within top tier school districts

Contact Listing Broker

broker

Jeff Cline

SVN | SFRhub Advisors

(602) 441-5354

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