Archive for Phoenix 4plexes

Superb Location: Phoenix Fourplex in Arcadia

The location of this fourplex is one of the best possible.  Arcadia is a very in demand neighborhood in East Phoenix.  It’s in between major entertainment and employment centers.  The demand for housing is strong from both home buyers and tenants. 
What attracts people here is the unique established atmoshphere: the lush greenery, the beautiful surrounding [...]

Residential Multifamily Sales In Greater Phoenix August 2008

Sales of residential multifamily properties, 2-4 units with residential financing, have been on the rise since the beginning of the year along with the sales of single family homes.  In August 31 properties sold. 
There are currently 710, 2-4 unit properties active in Greater Phoenix.  38 are pending.   Just as with all multifamily properties very few [...]

Fouplex, 4 plex, Sales Update in Greater Phoenix July 2008

Unlike the sales of single family homes in Greater Phoenix small income properties have not experienced that same surge.  This is mainly due to the financing requirements.  A home can be purchased for 0 down-payment or 3% but an income property will require 20-25% minimum down-payment unless you’re purchasing it owner occupied which is rare.

In [...]

Greater Phoenix Fourplex Sales Update for June 2008

The June 2008 Fourplex resale numbers are in and overall the market is weaker.  All the factors affecting the small multifamily market are similar to the residential market but multiplied.  In June only 4 Fourplexes sold in Greater Phoenix; yes, that is the total number for Maricopa County and parts of Pinal County.  Last year [...]

North Central Phoenix Fourplex For Sale

It’s not often good properties come on the market.  We’ll this is one of those times.  If you look through many of the Phoenix small income inventory you’ll almost get a feeling of disgust, and many people get turned off from investing in these properties.  Often this is for good reason.  Many of the multifamily properties [...]

What do Phoenix multifamily income 4plex’es look like?

Small multifamily investors from other states or even other countries like Canada usually don’t know what small income properties like fourplexes look like in Phoenix and upon their arrival are surprised, so I thought I’d present a short overview of what they look like.  The styles are very much different in Greater Phoenix then what [...]

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