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Updated almost 6 years ago on . Most recent reply

Jordan Mantel's profile image
Jordan Mantel's profile image
Jordan Mantel
  • New to Real Estate
  • from San Diego, CA
  • Member since Mar 24, 2019
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25
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12
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Jordan Mantel's profile image
Jordan Mantel's profile image
Jordan Mantel
  • New to Real Estate
  • from San Diego, CA
  • Member since Mar 24, 2019
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Jordan Mantel
  • New to Real Estate
  • San Diego, CA
12
Votes |
25
Posts
Multi-Family and Apartment Investing

Arizona Small Multi-Family

Jordan Mantel
  • New to Real Estate
  • San Diego, CA
Posted

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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Bevla Reeves's profile image
Bevla Reeves's profile image
Bevla Reeves
  • Real Estate Agent
  • from Scottsdale, AZ
  • Member since Sep 7, 2011
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Bevla Reeves's profile image
Bevla Reeves's profile image
Bevla Reeves
  • Real Estate Agent
  • from Scottsdale, AZ
  • Member since Sep 7, 2011
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Bevla Reeves
  • Real Estate Agent
  • Scottsdale, AZ
296
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471
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Bevla Reeves
  • Real Estate Agent
  • Scottsdale, AZ
Replied

@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!

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