Investor-ready condo with an estimated 4.8% cap rate and 4.8% cash-on-cash return. A tenant is already in place with a lease through June 2027, offering immediate income, predictable occupancy, and an attractive buy-and-hold opportunity with long-term appreciation potential.
First level upgraded 1 bedroom 1 bath unit at Cliffs Condomiium in a convenient Surprise location. Bright open plan with plank flooring throughout. Kitchen includes built-in microwave, electric range, full-size refrigerator and breakfast bar. Bath with tub/shower combination and glass door enclosure. Full size washer and dryer with shelves for additional storage. Back patio overlooks the club house and pool. Water, sewer, trash and roof replacement are included.
Property Features
House Interior
High Speed Internet
Eat-in Kitchen
Breakfast Bar
Cooling Information
Central Air
Ceiling Fan(s)
Utilities
Sewer Connected
Cable Available
Heating Information
Electric
Water Features
Public
Parking
Assigned
School Information
School Information for 12123 W BELL Road 103, Surprise, AZ 85378