1927 E Crocus Dr, Phoenix, AZ, 85022
About this home
Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 6 • Square Feet: [object Object]
Description: * * * 9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset * * * * * Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance * * * * * Contractual Rental Growth Built Into the Initial 5-Year Lease Term * * * * * Forward Yield Increases to Approximately 10.43% by Year 5 * * * * * Newly Executed Lease Provides Contractual Income Through 2030 * * * * * Personal Guarantee Supports the Tenant's Lease Obligations * * * * * More Than $40,000 in Recent Renovations and Capital Improvements * * * * * Predictable Income Stream Secured by Phoenix Real Estate * * * * * Built-In Upside Without Renovation, Repositi