Paradise Valley Homes with Open Parking Features

Paradise Valley Homes with Open Parking Features

Welcome to Paradise Valley, a serene gem nestled in the heart of Phoenix, Arizona, within Maricopa County. Known for its breathtaking mountain views and luxurious lifestyle, this upscale neighborhood is a perfect blend of natural beauty and modern convenience. With its stunning desert landscapes and lush golf courses, Paradise Valley offers a tranquil retreat just minutes away from the bustling city life of Phoenix.

One of the standout features of homes in Paradise Valley is their open parking options. Many properties in this desirable area come equipped with spacious driveways and ample parking space, making it easy for residents and guests to come and go with ease. Whether you have multiple vehicles or enjoy hosting gatherings, the open parking features provide the flexibility and convenience you need.

In addition to practical amenities, Paradise Valley boasts a vibrant community spirit, with an array of upscale dining, boutique shopping, and cultural attractions nearby. Residents can indulge in fine dining experiences, explore art galleries, or take advantage of the numerous outdoor activities that the surrounding desert landscape offers.

With its stunning homes, open parking options, and a lifestyle that embraces both luxury and comfort, Paradise Valley truly lives up to its name. If you're looking for a place that combines elegance with convenience, this enchanting neighborhood is the perfect choice for your next home. Discover the allure of Paradise Valley and experience a lifestyle that is as exceptional as the views that surround it.

Newest Paradise Valley Homes with Open Parking Features

$695,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS
* **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, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix
$550,000
7051345 MLS
Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Units are individually metered for electric.

2833 E Paradise Lane, Phoenix
$850,000
7039707 MLS ⋅ 3,091 SqFt.
Turnkey freestanding medical/office building in North Central Phoenix, available for immediate owner-user or tenant occupancy. Built in 2006 with ADA-compliant restrooms, fire sprinklers, and energy-efficient construction. The property has been freshly painted with recent interior upgrades throughout. The building is divided into two suites, offering flexibility to occupy the entire building, or lease a portion for additional income. The +/-2,000 SF suite includes a waiting room, reception area, corner office, five additional offices, and a dedicated restroom. The secondary ±1,000 SF suite features four private offices, one bathroom, and additional storage space. The building is situated on a 15,126 SF lot with 15 parking spaces, Cave Creek Road frontage, and easy ingress/egress.

12821 N Cave Creek Road, Phoenix
$850,000
6972209 MLS ⋅ 2,305 SqFt.
Freestanding 2,304 SF commercial building on N 32nd St. Property includes building signage, ample visibility, and flexible zoning suitable for a variety of user types. 1 Mile from AZ-51, 6,055 SF Lot, Strong Visibility on N 32nd St. Verify all information with listing broker.

17648 N 32nd Street, Phoenix
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