Phoenix Homes with Other Parking Features

Phoenix Homes with Other Parking Features

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the stunning beauty of the Sonoran Desert. As the fifth-largest city in the United States and the capital of Arizona, Phoenix boasts a rich cultural heritage, a booming economy, and an abundance of outdoor activities that cater to every lifestyle. With over 300 days of sunshine each year, residents enjoy a warm and inviting climate, making it an ideal location for outdoor enthusiasts and sun-seekers alike.

Nestled in Maricopa County, Phoenix is a hub of innovation and growth. The city is known for its diverse neighborhoods, each offering unique charm and character. From the bustling downtown area filled with trendy shops and gourmet restaurants to the serene suburbs that provide a peaceful retreat, there’s a perfect spot for everyone in Phoenix.

If you’re considering making Phoenix your home, you’ll be pleased to know that many properties in the area come equipped with various parking features. Whether you’re looking for homes with spacious garages, carports, or additional parking spaces for guests, you’ll find an array of options to suit your needs. These thoughtful amenities not only enhance your living experience but also add value to your investment.

Explore the incredible real estate opportunities in Phoenix, where every day feels like a vacation. With its stunning desert landscapes, thriving arts scene, and welcoming community, Phoenix is more than just a place to live; it’s a lifestyle waiting to be embraced. Discover your dream home today in this enchanting desert oasis!

Newest Phoenix Homes with Other Parking Features

8939 N 8th Street, Phoenix
$1,550,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 8.21% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 8.21% cap rate at the $1,550,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800. cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

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