Talk about a perfectly central located, fully renovated Scottsdale property. Was purchased several years ago and basically rebuilt from the ground up. During the process, a BRAND NEW pool was designed and completed, along with a full guest house remodel, with it's own kitchen.The property has been primarily used as a rental, with a current least in place. The tenants are 7 months into their 12 month lease. Lease amount is $75,000 for the 12 months. Lease was just extended into Sept 2024. THE AVERAGE NOI is $67,500 based on current lease and future lease terms.You really can't beat this location, between Old Town Scottsdale and Tempe, with Papago Plaza being redeveloped right around the corner.
7026 E Loma Land Drive Scottsdale, Az 85257 is a courtesy listing of HomeSmart (480) 628-5588 MLS# 6506201.
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