Archive for Phoenix Multifamily

Basics of Buying a Small Multifamily Property

Diversifying your real estate portfolio is a smart way lower risk against changing markets.  Multifamily and homes flow along each other but also away from each other depending on what the real estate cycle is. 
Just as investing in homes an investor should consider location, demographics and financing in making their decision.  Part of your due [...]

Multifamily Income Apartments in Arcadia Neighborhood

A cluster of mid century modern apartment buildings in East Phoenix.
South Arcadia has an area with a cluster of small multifamily buildings; triplexes, four-plexes and unique duplexes make up a large part of a neighborhood North of Indian School and East of 32nd St.
 
This is an ideal location for a multifamily investment with great access [...]

Residential Multifamily Market Trends in Greater Phoenix

The previous post dealt with only fourplexes.  This post deals with all residential multifamily resales in Greater Phoenix.  This would include duplexes, triplexes as well at the fourplexes talked about in the previous post.

(Total Sales of Duplexes, Triplexes and Fourplexes)
While the fourplex sales were very low, total sales of residential multifamily properties held steady and [...]

Phoenix Apartments for Sale Search Is Active.

The Arizona Apartment Investor multifamily property search is active. 
Simply click on the tab on top titled "Multifamily Properties For Sale" and you’ll have a choice of several searches plus photos of the newest properties for sale. 
At the bottom is map showing where the newest properties for sale are located.
If you need any help please call [...]

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 [...]

Distressed Fourplexes In The Phoenix Market

 
From the  200 Active fourplexes in Phoenix, Scottsdale and Glendale there are 27 which are short sale or foreclosed; lender owned properties.  This is down about 20% from 2 months ago.  Many of those lender owned properties have been purchased by savvy investors. 

Fourplexes currently start at $99,000. Yes it’s a fix up but someone [...]

How to Find a Tenant for Your Small Income Property in Phoenix

You can sometimes get a house rented by only sticking in the ground a "for rent" sign but just as with selling a home its worth going the extra effort to expose your home to as many prospective tenants as possible. Below are several things you can do to increase the possibility of renting a [...]