9900 W Lynx Dr Arizona City, AZ 85123
Estimated payment $3,069/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
About This Home
Don't miss this incredible investment opportunity! This well-maintained 4-unit multifamily property offers a strong 8.5% cap rate and is fully leased, providing immediate and consistent cash flow. Each unit has been cared for and kept in great condition, minimizing future maintenance costs and ensuring tenant satisfaction.
Located in a solid rental market, this asset is ideal for both seasoned investors and those looking to step into multifamily ownership. With strong rental history, minimal vacancy, and easy management, this 4-plex is a turn-key performer that checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,666
Year Built
- Built in 2003
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Toltec Elementary School
- Casa Grande Union High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 929
- Assessor Parcel Number 407-12-929-A
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 70X150
- Arizona City Unit Twelve Subdivision
Building Details
- Operating Expense $2,866
- Gross Income $47,880
- Net Operating Income $44,880
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,666 | $33,744 | -- | -- |
| 2024 | $1,607 | $37,310 | -- | -- |
| 2023 | $1,650 | $26,665 | $0 | $0 |
| 2022 | $1,607 | $17,632 | $512 | $17,120 |
| 2021 | $1,679 | $15,391 | $0 | $0 |
| 2020 | $1,625 | $15,098 | $0 | $0 |
| 2019 | $1,554 | $12,553 | $0 | $0 |
| 2018 | $1,522 | $10,032 | $0 | $0 |
| 2017 | $1,557 | $8,693 | $0 | $0 |
| 2016 | $1,826 | $8,861 | $290 | $8,571 |
| 2014 | -- | $9,298 | $340 | $8,958 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | For Sale | $525,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | Security Title Agency Inc | |
| Cash Sale Deed | $105,000 | Security Title Agency | |
| Special Warranty Deed | -- | Security Title Agency | |
| Quit Claim Deed | $87,000 | None Available | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Special Warranty Deed | -- | Servicelink | |
| Trustee Deed | $59,500 | Security Title Agency | |
| Warranty Deed | $265,000 | Capital Title Agency Inc | |
| Warranty Deed | $201,000 | Capital Title Agency Inc | |
| Warranty Deed | $201,000 | Capital Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $87,000 | Seller Take Back | |
| Previous Owner | $215,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $160,800 | New Conventional | |
| Previous Owner | $68,200 | New Conventional | |
| Closed | $20,100 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6853085
APN: 407-12-929A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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