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Updated over 5 years ago on . Most recent reply
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Arizona Small Multi-Family
Hi guys! What are some thoughts on small multi-family rental properties in Arizona and specifically Phoenix, Tempe, Mesa, and Gilbert? I know these areas have been growing for a bit now. I'm from San Diego and multi-family properties here are out of my price range for the most part. Thanks for all advice!
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@Jordan Mantel I'm clients purchase duplexes in C areas for under $200k in Phoenix and Mesa. There are units in B areas for $350+ and even A areas for $550k+ ...in some of the historic districts, Airbnb's can fetch up to $1000k/week!
I hope this helps!