1. Investment Offering INVESTMENT HIGHLIGHTS
Excellent Purchase Opportunity in Phoenix, AZ
Turnkey Triplex in Coronado Historic District
Fully remodeled property inside and out
Three 2 bed/2 bath, 740 SF each
Stackable Washer/Dryer in each unit
Private yards for each unit
Individually Metered for Electric and Gas
Master Metered for Water
100% Occupied, Premium Rents, Solid 6% Cap
Residential Financing Available
Lisa J. Richardson, CCIM
Cell:
Steve Lins
Cell:
2200 E. Camelback RD #110
Phoenix, AZ
Office

2. Investment Offering
Phoenix neighborhood takes spot on 10 fastest-gentrifying areas in US
BY KTAR.COM | APRIL 26, 2019 AT 11:40 AM 
UPDATED: APRIL 26, 2019 AT 4:44 PM
PHOENIX – A Phoenix neighborhood is making waves in the real estate market as one of the fastest-gentrifying areas in the country.
Realtor.com placed Encanto Village in central Phoenix in the seventh spot in rapid shifting of a neighborhood’s makeup through home renovations and rebuilding.
The neighborhood, with a median average price listing of $315,000, has become a place of home buying interest to new residents, the website noted. Much of that has to do with the Coronado Historic District’s desirable 1920s bungalows.
Over five years prices in Phoenix’s ZIP code have changed 98.3%.
The website chose one ZIP code per city, evaluating them on changes in: median household income, median home sale price, share of residents older than 25 with a bachelor’s degree or higher; share of residents older than 25 with a master’s degree.
The ZIP code stretches east to west from Seventh Street to 24th Street and north to south from Thomas Road to Van Buren Street.
Encanto Village finished ahead of Lawrenceville in Pittsburgh, Pennsylvania; Olde Kensington in Philadelphia, Pennsylvania; and Eastside Promise in San Antonio, Texas.
Rivertown in Detroit, Michigan, topped the list. The rest of the top 10 were Little Haiti/Liberty City in Miami, Florida; Lockwood in Charlotte, North Carolina; Johnson Terrace in Austin, Texas; downtown/Patterson Green in Raleigh, North Carolina; and Uptown in Oakland, California.
Lisa J. Richardson, CCIM
Cell:
Steve Lins
Cell:
2200 E. Camelback RD #110
Phoenix, AZ
Office

3. Investment Offering SUMMARY VALUATION SUMMARY Price: $660,000
Subject property: 1232 E. Virginia
Phoenix, AZ
Year Built: 1945
Building Area: 2,220
Lot Size: 7,277
Assessor’s Parcel #:
Number of Units: 3
Unit Mix: 3 – 2 Bed/2 Bath
Ranch Style
Parking: 6 uncovered,
assigned spaces
VALUATION SUMMARY
Price: $660,000
Price per unit: $220,000
Price per SF: $297.30
Lisa J. Richardson, CCIM
Steve Lins
SJ Fowler Real Estate, Inc. makes no warranty or representation, about the content of this brochure. It is the responsibility of the prospective buyer to independently confirm its accuracy and completeness. Any projections, assumptions or estimates used are for example only and do not represent the current or future performance of the property.

4. Investment Offering Lisa J. Richardson, CCIM 602-770-8063
Unit Mix
Amenities
Location
Units Type S.F Rent Rent/S.F.
Complex Amenities
Individually Metered Electricity and Gas
Master Metered Water
Onsite Parking
Pet Play Area
Unit Amenities
Fully Remodeled
Stackable Washer/Dryer
Refrigerator
Dual Pane Windows
Stove, Microwave
Private Patio
Cable Available
High-speed Internet Available
Ceiling Fans
Smoke Detectors
/ $ $1.98/SF
Actual Income
Gross Scheduled Rent $52,740
Less Vacancy % (2,637)
Gross Operating Income $50,103
Expenses
Taxes $883
Insurance $750
Property Management $5010
Maintenance and Repair $900
Utilities – Water/Sewer/Trash $1,380
Landscaping $960
Reserves $600
Total Operating Expenses $10,483
Expense/Unit $3,494
Expense/SF $4.72
Net Operating Income $39,620
Cap Rate %
Lisa J. Richardson, CCIM
Steve Lins
SJ Fowler Real Estate, Inc. makes no warranty or representation, about the content of this brochure. It is the responsibility of the prospective buyer to independently confirm its accuracy and completeness. Any projections, assumptions or estimates used are for example only and do not represent the current or future performance of the property.