CASH COW! up to 9.4% + CAP. SELLER SAYS NO COVID RENT ISSUE HERE...EVERYONE IS PAYING! This well kept multi tenant building has three addresses 11116,11124,11132 W California Ave., just off of 111th Ave in Youngtown. Some tenants have been here 20+ years! Seller say everyone pays on time! Rents could be higher! Very well kept building. Even with one vacancy the CAP is 8%. Filling the one vacancy would bring the CAP up to about 9.4%. All other suites are currently occupied by various businesses. Monument signs at front east side. All suites exit to 47 parking spots. Annual ''other expenses'' are all utilities. EXCELLENT CAP RATE. SHOWINGS ONLY PERMITTED WITH ACCEPTED OFFER AND BUYER PROOF OF FUNDS or PREQUAL FROM LENDER.

Construction BlockStucco Covered Parking Spaces 0.00 Exterior Features Monument SignSecurity Light(S) Fencing BlockNone Parking FreePaved ParkingPublic Parking Roads AlleyAsphaltCurb(S) & Gutter(S) Roofing Built-Up Stories 1 Story Total Parking Spaces 47.00 Uncovered Parking Spaces 47.00

Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic TileConcreteVinyl/Composition Heating Gas Interior Features FinishedFinished To SuitPrivate RestroomsSmoke Detector(S)

Adjusted Gross Inc 94512.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 3668.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 2300.00 Annual Maint Exp 3120.00 Annual Mgmt Exp 0.00 Annual Other Expense 11732.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOffice Cross Street 111th Ave & Grand Current Use Medical/DentalMixed UseOfficeService Business Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 94512.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 4 Net Operating Income 63127.00 Operating Exp 31385.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Private Source Of Financial Data Provided By Owner Taxes 10565.00 Traffic Count Not Available Vacancy Allowance 0.00 Water Private Franchise Zoning C-1

Listing courtesy of Coldwell Banker Realty.

© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Nate Martinez Team | RE/MAX Professionals. Data last updated 2021-04-20T23:12:45.66.

11116 W California Avenue

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11116 W California Avenue Youngtown, AZ 85363

Property Description

Construction	Block Stucco
Covered Parking Spaces	0.00
Exterior Features	Monument Sign Security Light(S)
Fencing	Block None
Parking	Free Paved Parking Public Parking
Roads	Alley Asphalt Curb(S) & Gutter(S)
Roofing	Built-Up
Stories	1 Story
Total Parking Spaces	47.00
Uncovered Parking Spaces	47.00

Ceiling Height	8 Feet Or Less
Cooling	Central A/C
Flooring	Ceramic Tile Concrete Vinyl/Composition
Heating	Gas
Interior Features	Finished Finished To Suit Private Restrooms Smoke Detector(S)

Adjusted Gross Inc	94512.00
Annual Elec Exp	0.00
Annual Gas Exp	0.00
Annual Ins Exp	3668.00
Annual Land Lse Exp	0.00
Annual Landscape Exp	0.00
Annual Legal And Acctg	2300.00
Annual Maint Exp	3120.00
Annual Mgmt Exp	0.00
Annual Other Expense	11732.00
Annual Rplcmnt Rsrvs	0.00
Annual Trash Exp	0.00
Annual Wtr Swr Exp	0.00
Building Type	Commercial Office
Cross Street	111th Ave & Grand
Current Use	Medical/Dental Mixed Use Office Service Business
Electric	Aps Individual Meter
Gas	Individual Meter Sw Gas
Gross Annual Sch Inc	94512.00
Hoa Fee	0.00
Hoa YN	No
Loading Facilities	None
Lot Number	4
Net Operating Income	63127.00
Operating Exp	31385.00
Other Income	0.00
Ownership	Fee Simple
Pad Fee	0.00
Sewer	Sewer - Private
Source Of Financial Data	Provided By Owner
Taxes	10565.00
Traffic Count	Not Available
Vacancy Allowance	0.00
Water	Private Franchise
Zoning	C-1