Paradise Valley Homes with Paved Parking Features

Paradise Valley Homes with Paved Parking Features

Welcome to Paradise Valley, a hidden gem nestled within the vibrant city of Phoenix, Arizona. This enchanting neighborhood is renowned for its stunning desert landscapes, upscale living, and a serene atmosphere that feels worlds away from the hustle and bustle of city life. With its picturesque views of the iconic Camelback Mountain and an abundance of lush greenery, Paradise Valley is a sanctuary for those seeking both tranquility and luxury.

The homes in this illustrious neighborhood are nothing short of spectacular, showcasing a variety of architectural styles that reflect the unique charm of the area. One standout feature of many residences in Paradise Valley is the inclusion of paved parking, ensuring that you and your guests have convenient access to your home. These paved parking areas not only enhance the aesthetic appeal of your property but also provide a practical solution for the warm Arizona climate, making it easy to park and access your vehicle without the hassle of dirt or gravel.

In addition to the beautiful homes, Paradise Valley boasts a wealth of recreational opportunities, from upscale dining and shopping to world-class golf courses and spas. The community is also known for its excellent schools and family-friendly atmosphere, making it an ideal place for families and professionals alike.

Whether you're looking for a serene retreat or a vibrant community, Paradise Valley offers the perfect blend of luxury and comfort. Come explore this enchanting neighborhood and discover the home of your dreams, complete with the convenience of paved parking and all the beauty that Arizona has to offer!

Newest Paradise Valley Homes with Paved Parking Features

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

7058772 MLS ⋅ 6,003 SqFt.

This listing is for 3 individually platted office condo units in building 4, Suites 136, 139, 142 with individual apn's of 215-18-534, 215-18-533, 215-18-532. *THESE UNITS ARE NOT BEING SOLD INDIVIDUALLY* *Owner Financing Available - 5 Year Interest Only at 8% with 20% down for well qualified parties'' 5,900sf total - Current use is Professional Office but serves as a magnificent opportunity for Medical Office Conversion likely to create hundreds of thousands in equity however this is heavily dependent on the build-out you choose. Brochure is Docs Situated minutes from Mayo Clinic, Abrazo Scottsdale, Honor Health and other providers in the North Phoenix / Paradise Valley / Desert Ridge healthcare corridor As always, buyer to perform their due diligence to their satisfacti

4550 E Bell Road Unit 142, Phoenix

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

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

12 Beds ⋅ 90 Baths ⋅ 6977241 MLS

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

2014 E Sweetwater Avenue, Phoenix

5 Beds ⋅ 5 Baths ⋅ 6770097 MLS

5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

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