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$888,888
3 Beds 2 Baths 7067215 MLS 1,766 SqFt.
Experience refined desert living in this beautifully transformed home featuring a recently added resort-style pool and exceptional indoor-outdoor living. Extensive updates include fully owned 7.92 kW solar with smart energy monitoring, newer ductwork, spray-foam insulation, upgraded electrical, Low-E windows and doors, and energy-efficient improvements. The elegant interior offers luxury vinyl plank flooring, custom lighting, solid-core doors, abundant storage and a beautifully updated kitchen with quartz countertops, island, backsplash and Bosch/LG appliances. The remodeled primary bath features a custom-tiled shower and dual shower heads. Paver patios, gated walls and desert landscaping complete the setting. Optional future potential for an approximately 900-square-foot addition primary.

2810 E Joan D'Arc Avenue, Phoenix

$8,000,000
6 Beds 8 Baths 7066326 MLS 7,502 SqFt.
Permit-Ready Custom Estate -- Rare opportunity! Permits are approved and ready to break ground on this 6,310 SF custom estate plus a private 1192 2-bed/2-bath casita -- saving months of entitlement time. Designed by an award-winning interior design team, plans showcase a modern Belgian farmhouse rich in natural textures and warm tones throughout both residences. The main house offers four ensuite bedrooms, an office, great room, and a resort-style entertaining room off the pool, plus a wine room, powder bath, and full pool bath. A four-car garage and oversized RV garage add exceptional storage. Award winning landscape design completes the package with striking curb appeal. Permits in hand, simply build. Estimated completion date Q4 2027. For land only with permits see MLS 7065708

11619 N Saint Andrews Way, Scottsdale

$265,000
2 Beds 3 Baths 7066138 MLS 1,344 SqFt.
Beautiful End Unit in the Gated Community of Parkside. Meticulously maintained and freshly painted interior. Two Owner suites, each with full bath, plus half bath for guests. Both bedrooms offer Mountain Views. Convenient mud room or flex space at entry from the garage. Large kitchen with granite counters, stainless appliances, an island for extra prep & storage, plus a spacious pantry and new touchless faucet. Updated lighting fixtures throughout. This End Unit offers tons of natural light, including a balcony patio off the great room and a lovely Juliet balcony in the kitchen/dining area. New water heater, all new faucets, new blinds on patio doors/balcony, new toilet seats (2026); LG stackable washer/dryer (2025), GE Profile dishwasher (2024). Close to Restaurants, Shopping, Schools, Parks, & easy access to the 51 & 101 Fwy's. The community offers a clubhouse, gym, pool & hot tub, as well as a playground for the little ones. The community is perfect for lock & leave or year-round living.

1920 E Bell Road Unit 1130, Phoenix

$1,799,999
5 Beds 4 Baths 7066054 MLS 3,496 SqFt.
Welcome to your fully reimagined home in Scottsdale's tight-knit Oakhurst community! The curb appeal alone sets the tone. In 2021, the entire front yard was redesigned from the ground up. New desert landscaping, fresh lighting, and a clean, modern aesthetic replaced what was there before. The only original elements near the entrance are the two columns, and everything surrounding them is brand new. Step inside and the interior delivers on the promise the exterior makes. Quartz countertops, shaker cabinets with an impressive amount of storage, stainless steel appliances, a large walk-in pantry, and gorgeous flooring throughout give the kitchen and main living areas a cohesive, elevated feel. A mud room and a three car garage with attached cabinets handle the practical side of life without compromising the aesthetics. The backyard which is only a few years old, is where this property separates itself entirely. A structural gazebo was built with a fully integrated entertainment center, ice maker, refrigerator, and grills, creating an outdoor living setup that most homeowners only dream about. the pool also received a makeover with new pebble tec flooring, tiled, and coped. New RV and backyard entry doors, custom exterior and driveway lighting, and a Custom Tuff Shed round out a yard that was designed to be used and enjoyed. The infrastructure upgrades are just as impressive. New electric panel in 2022. In 2025, a new whole house water softener and a new whole house water filtration system featuring the GS Elite filter, the most advanced system currently available on the market, were installed. This is a home where the visible upgrades get all the attention, but the behind the scenes investments are just as serious. Located on a cul-de-sac with easy access to Mayo Hospital, Desert Ridge, Kierland Commons, PVCC, and more, this home won't last long!

5815 E Campo Bello Drive, Scottsdale

$1,199,000
4 Beds 3 Baths 7065954 MLS 3,153 SqFt.
Tucked into a quiet pocket near the Phoenix Mountain Preserve, this immaculately maintained contemporary home offers something increasingly hard to find--a peaceful neighborhood setting surrounded by mountain views while still keeping you close to everything the Valley has to offer. Homes in this neighborhood rarely come to market, and it's easy to see why. With scenic hiking trails nearby and beautiful panoramic views, it feels like an escape from the city without giving up the convenience of city living. Inside, the home is light, bright and beautifully cared for, reflecting true pride of ownership throughout. The spacious kitchen features granite countertops, updated cabinetry and generous workspace, creating a welcoming gathering place for everyday living and entertaining. The desirable split floor plan provides both privacy and flexibility. The oversized primary suite is a true retreat with abundant natural light and generous walk-in closets, while the additional 3 bedrooms provide plenty of space for family, guests, a home office or hobbies. Outside, the large, low-maintenance backyard captures everything there is to love about Arizona living. A sparkling pool, mountain views and expansive covered patio create the perfect setting for morning coffee, evenings with friends or simply relaxing and enjoying the surrounding scenery. Additional improvements include interior paint, roof re-foamed in 2017, two HVAC systems with newer capacitors and air handlers from 2016 and 2017, two water heaters, and a newer pool pump and filter. Leased solar through Sun Solar Solutions helps keep APS electric bills exceptionally low. Just minutes from both SR-51 and Loop 101, the home offers easy access throughout the Valley along with the transformed PV Reimagined and its growing collection of shopping, dining and entertainment. For more than 25 years, this home has been the backdrop for countless memories. Now, beautifully maintained and ready for what comes next, it's time for a new owner to begin the home's next chapter and create memories of their own.

9619 N 23rd Street, Phoenix

$1,295,000
4 Beds 3 Baths 7065935 MLS 2,709 SqFt.
Turnkey, fully updated, and truly special! This exceptional home makes a statement with distinctive iron-and-glass double front doors. The spacious, light-filled living area opens through a dramatic 12-foot stacking glass door to a beautiful backyard on an oversized lot featuring a sparkling pool, removable safety fence, lush landscaping, grassy play area, and multiple spaces for relaxing and entertaining. The show stopping chef's kitchen boasts a 14-foot quartzite island, marble backsplash, Café induction range, oversized sink, Bosch dishwasher, and beautiful cabinetry. Newer roof and windows add efficiency, and peace of mind. Double RV gate!! Ideally located near Kierland, schools & freeways. Beautifully finished and move-in ready! Dining room fixture does not convey.

6048 E Kathleen Road, Scottsdale

$665,000
3 Beds 3 Baths 7065635 MLS 1,954 SqFt.
Discover the lifestyle you've been looking for in Arabella, one of North Scottsdale's premier gated communities. This beautifully designed D.R. Horton duplex townhome built in 2023, offers 3 bedrooms, 2.5 baths, a spacious loft, & an upstairs laundry room. Soaring 10-foot ceilings, a gourmet kitchen w/Granite countertops & stainless-steel appliances, wood looking plank tile flooring on the main level, & new carpet upstairs create a modern, move-in-ready feel. Relax on your private brick patio w/ low-maintenance turf, then enjoy resort-style amenities including a heated pool, spa, cabanas, parks, playgrounds, & walking trails. Close to shopping, restaurants, grocery stores, minutes from Loop 101, Kierland Commons & top-rated PV schools. Best value in Arabella! Come take a look!

17145 N 50th Street, Scottsdale

$875,000
4 Beds 3 Baths 7065043 MLS 2,472 SqFt.
Wow! A remodeled home featuring 4 large bedrooms & 2.5 baths in 2,464 sq ft.... complete with a sparkling fenced play pool and turf backyard! Cul de sac ! MAGIC ZIP CODE 85254 and NO HOA !!! Light & bright eat-in island kitchen with a breakfast nook features white Quartz counters, stainless steel appliances, a refrigerator, a built-in microwave oven, and a work desk. It all opens onto the family room with a wood burning fireplace! Separate living room and a separate formal dining room too! (They are not combined as one large room.) Lots of mature trees provide extra shade in the turfed backyard, which is big for the kids to run around in and there is shade in the driveway too! Pool's child safety fence is easily removable.

5939 E Phelps Road, Scottsdale

$675,900
4 Beds 3 Baths 7064844 MLS 2,311 SqFt.
THIS HOME WILL NOT LAST! DON'T MISS THIS OPPORTUNITY! Premium Lexington plan in gated Arabella, coveted 85254. This 2022-built, move-in-ready townhome offers 4 true bedrooms plus downstairs den & upstairs loft, 2.5 baths, 2,311 sq ft, 2-car garage and private low-maintenance yard. Open-concept main level features a spacious great room, dining area & island kitchen w/ stone counters, stainless appliances & walk-in pantry. Upstairs includes a large primary suite, 3 additional bedrooms and loft. Enjoy a gated community w/ pool, parks, playgrounds & walking paths, minutes from Loop 101, Kierland, Scottsdale Quarter, Desert Ridge & Paradise Valley dining. Arabella residents enjoy a gated entry, community pool, parks, playgrounds & walking paths. Single owner & practically new. STUNNING HOME!

5054 E Anderson Drive, Scottsdale

$949,900
3 Beds 2 Baths 7064777 MLS 1,979 SqFt.
Welcome to your fully renovated home nestled in the very desirable Shea Heights. This fantastic home offers 3 bedrooms, Den/office, 2 bathrooms, 2 car garage, 2 RV Gates, and a pool. Discover a no expenses spared thoughtfully renovated designer grade interior with NEW oak cabinets, flooring, quartz countertops, highend appliances, windows, tiled showers, and much more! As you step inside, you'll be greeted by the expansive open floor plan, complemented by a beautiful massive kitchen creating an inviting atmosphere. Step outside to a delightful resort style backyard featuring a sparkling pool, artificial turf, outdoor grill and gazebo and beautiful mountain views making it perfect for entertaining! Dont miss the opportunity to make this delightful turnkey home yours, that checks every box!

10618 N 27th Street, Phoenix

$940,000
3 Beds 2 Baths 7063821 MLS 2,138 SqFt.
Designed for effortless entertaining & seamless indoor-outdoor living, this fully renovated home offers timeless style & exceptional comfort. The chef's kitchen showcases light oak cabinetry, Taj Mahal quartz countertops, gas cooking, & abundant prep space. Expansive sliding doors open from both the living room & the luxurious primary suite to a resort-style backyard featuring a massive pool and spa, new decking, turf, & refreshed landscaping--perfect for year-round Arizona living. Nearly every surface has been updated, including the kitchen, bathrooms, roof, HVAC, stucco, lighting, closets, flooring, & paint. The spa-inspired primary suite features a spacious bedroom, dual vanities with illuminated mirrors, a walk-in shower, a free-standing soaking tub, and a generous walk-in closet. Ideally located less than a half-mile from the exciting Paradise Valley Mall redevelopment with premier shopping, dining, and entertainment, and just minutes from SR-51 for quick access throughout the Valley.

3926 E Laurel Lane, Phoenix

$995,000
5 Beds 3 Baths 7063718 MLS 2,705 SqFt.
New HVAC and water heater! Spacious 5-bedroom home tucked away on a cul-de-sac with an incredible backyard designed for entertaining! Enjoy a fenced play pool, gazebo, outdoor fireplace, covered patio, and a large grass area with plenty of room to play. Inside, you'll find separate living and family rooms plus a main-level bedroom and 3/4 bath, perfect for guests or multigenerational living. The updated eat-in kitchen features white oak cabinetry, quartz countertops, breakfast bar, pantry, and stainless steel appliances. The adjacent family room offers a cozy wood-burning fireplace. Upstairs, the expansive primary suite boasts vaulted ceilings, dual walk-in closets, and a luxurious ensuite with dual vanity, freestanding soaking tub, and oversized tiled shower with glass enclosure.

4608 E Marconi Avenue, Phoenix

$719,900
3 Beds 2 Baths 7063665 MLS 1,330 SqFt.
Welcome to this beautifully remodeled 3 bedroom, 2 bathroom home in the highly sought after 85254 zip code. Designed with both style and functionality in mind, this light and airy home features vaulted ceilings, new dual pane windows, and an open, inviting layout. Thoughtfully remodeled with all new finishes throughout, this turnkey home offers a stunning kitchen with new soft close cabinetry, quartz countertops, and stainless steel appliances. Step outside to a low maintenance backyard with artificial turf providing the perfect lock-and-leave lifestyle. Ideally located just minutes from Scottsdale Quarter, Kierland Commons, TPC Golf Course, premier dining, shopping, entertainment, and top rated schools, this home offers the perfect blend of comfort, convenience, and location.

6871 E Phelps Road, Scottsdale

$549,900
3 Beds 2 Baths 7063306 MLS 1,307 SqFt.
Completely remodeled, 2026 style, top to bottom, front to back. As you enter the home you will notice how the natural light showcases the neutral tones throughout the property. Newly opened up kitchen boasts new shaker cabinets, quartz counters and stainless steel appliances. Upgraded wood grain LVP flooring, plush carpet, designer two-tone wall color and all new fixtures are just a few upgrades that make this property stand out. Primary bedroom has a walk-in closet and spa-like bathroom. New roof, new windows and freshly painted exterior complements the red brick accents. Located on a HUGE cul-de-sac corner lot, this property has so much potential! Oversized RV gate opens to multi-purpose/sport court. This home checks all the boxes!

3141 E Charleston Avenue, Phoenix

$519,900
3 Beds 2 Baths 7062991 MLS 1,208 SqFt.
Welcome to this beautifully renovated home located in one of North Phoenix's most desirable neighborhoods, just minutes from PV Mall. Offering 3 bedrooms, 2 bathrooms, and a spacious 2-car garage, this home combines modern style with everyday comfort. Inside, you'll find a thoughtfully redesigned interior featuring NEW white oak cabinetry, luxury flooring, Taj mahal quartz countertops, tiled showers, appliances, interior doors, and quality finishes throughout. Step outside to a low-maintenance backyard complete with a pool, covered patio and artificial turf, providing the ideal setting for outdoor gatherings or enjoying Arizona's beautiful weather. Move-in ready and finished with exceptional attention to detail, this home is a rare opportunity you won't want to miss!

14407 N 37th Court, Phoenix

$695,000
4 Beds 2 Baths 7062670 MLS 2,048 SqFt.
Fall in love with this completely remodeled 4-bed, 2-bath home with a pool in Phoenix! NO HOA! Situated on a corner lot, it offers low-maintenance desert landscaping and a 2-car garage with epoxy floors. Inside, enjoy abundant natural light, new lighting, ceiling fans, wood-look LVP flooring, and new carpet in the bedrooms. The spacious living and family rooms feature a cozy fireplace. The modern kitchen boasts white shaker cabinets, quartz countertops, subway tile backsplash, stainless steel appliances, and a breakfast bar. The primary suite includes a walk-in closet, private bath, and backyard access. NOTICE: Some images have been virtually staged and digitally enhanced using AI for illustration purposes only. Your private backyard retreat awaits with a sparkling pool, covered patio, pergola-covered patio, and plenty of open space for relaxing or entertaining. A detached workshop adds extra storage and versatility. Conveniently located near parks, shopping, dining, golf courses, Desert Ridge Marketplace, and easy access to SR-51 and Loop 101. Move-in ready!

3937 E Andorra Drive, Phoenix

$691,500
5 Beds 2 Baths 7062498 MLS 2,220 SqFt.
Located in a quiet neighborhood, this NO HOA, 5bedroom/2bath gem with a pool, is ready to welcome you home. Built in 1972, this single-level, block construction, 2220 sqft home with an office, showcases some original features such as a brick fireplace and operational, full-house intercom. Play Christmas music during the holidays through the intercom for the whole house to enjoy! Sitting on a lot that is over 10,000 sqft with views of the Phoenix Mtns. Preserve and lots of hiking trails, this home is convenient to shopping, dining, recreation, public transportation, and freeways. Enjoy a backyard ready for family get-togethers. After swimming, fire up the BBQ plumbed with a dedicated gas stub (no need to refill a propane tank) or the smoker situated next to the paver patio. Inside the galley kitchen has been recently outfitted with matching stainless steel GE appliances. The master bedroom boasts a walk-in closet and dual sinks in the vanity of the master bathroom. The interior laundry room with washer/dryer hookup and storage leads into the 2-car garage. There you will find the tankless water heater and water softener. An additional full-size frig is also included. New interior paint throughout. Two a/c units, approximately 7yrs old, sit atop a new roof that was replaced Nov. 2025.

10838 N 35th Street, Phoenix

$699,000
3 Beds 2 Baths 7062455 MLS 1,609 SqFt.
Located in the heart of Scottsdale's highly sought-after 85254 ''Magic Zip Code,'' this beautifully reimagined 3-bedroom, 2-bath home has been renovated from top to bottom with elevated designer finishes typically found in multi-million-dollar properties throughout the surrounding area. The light-filled interior features wide-plank wood flooring, white oak slim-shaker cabinetry, waterfall countertops, handcrafted zellige tile, statement lighting and a beautifully refinished fireplace that serves as the focal point of the living space. Major improvements include a new roof, new windows and doors throughout, updated appliances, and fresh, cohesive finishes that give the home a custom feel while remaining completely move-in ready. The spacious backyard offers incredible flexibility, with room to add a pool, pergola, extended patio, garden, storage shed or additional entertaining space. Just off Tatum Boulevard and minutes from the Paradise Valley Mall redevelopment, Scottsdale Quarter, Kierland Commons, dining, shopping and nearby schools, this home delivers refined design, meaningful updates and an exceptional location in one of the Valley's most desirable neighborhoods.

4852 E Betty Elyse Lane, Scottsdale

$549,000
4 Beds 2 Baths 7062139 MLS 1,836 SqFt.
Fantastic opportunity to own this charming home in Phoenix! Nestled on a corner lot, offering 4 beds, 2 baths, RV gate, & a 3-car garage. The welcoming interior features vaulted ceilings, abundant natural light, neutral palette, and wood-look flooring t/out. You'll love the large living room w/fireplace and an inviting family room that opens to the kitchen! The eat-in kitchen boasts white appliances, flat-panel cabinetry, track lighting, an island w/breakfast bar, and a dining space w/bay window. Sizable main bedroom also has a bay window, a walk-in closet, and an ensuite with dual sinks & separate tub/shower. Double-door 4th bedroom can be an office. Check out the spacious backyard, providing an open patio! With your creative ideas, you can make it a complete outdoor oasis. Make it yours!

3701 E Renee Drive, Phoenix

$989,000
4 Beds 3 Baths 7061603 MLS 3,139 SqFt.
Welcome to 45th Way, where generous living spaces, thoughtful design, and an exceptional backyard come together to create the perfect place to call home. Situated on an expansive 14,000 sq. ft. lot, this 4-bedroom, 3-bathroom residence offers the ideal blend of comfort, functionality, and outdoor living. Upon entering the new iron door, you're welcomed by a spacious living room that flows seamlessly into the formal dining area creating an inviting setting for everyday living and entertaining. The open-concept island kitchen overlooks the backyard oasis, offering views of the sparkling pool, elevated water feature, and private putting green. Just off the main living area, the cozy family room features a charming fireplace and provides the perfect space to relax. A full bathroom and laundry room are conveniently located nearby, with direct access to the backyard--ideal for pool days and outdoor gatherings. Upstairs, the expansive primary suite serves as a true retreat, complete with its own fireplace and ample space for a sitting area. The luxurious en-suite bath features dual vanities, a soaking Jacuzzi tub, separate shower, and a spacious walk-in closet. Three additional bedrooms are located down the hall and are serviced by a generously sized full bathroom. The oversized backyard is designed for Arizona living, featuring a large synthetic turf lawn, putting green, half basketball court, sparkling pool with an elevated water feature, and multiple entertaining spaces perfect for hosting family and friends. This exceptional home offers the space, amenities, and lifestyle today's buyers are looking for.

14812 N 45th Way, Phoenix

$650,000
3 Beds 3 Baths 7061301 MLS 1,842 SqFt.
Welcome to this move-in ready 3-bedroom, 2.5-bathroom gem situated on a premium corner lot in the heart of Phoenix's desirable Paradise Valley Village area. Recent updates combine modern comfort with incredible functionality. Step inside to light-filled living spaces with high-end finishes throughout. The practical floor plan offers living and dining areas, anchored by a updated kitchen and comfortable bedrooms. Outside, enjoy a low-maintenance backyard designed for easy living and desert outdoor entertaining. Standout exterior features include a detached backyard shed equipped with electrical power-perfect for a workshop, home studio, or extra hobby space-plus a 2-car garage with expanded storage solutions. This unbeatable Location is minutes from top shopping, dining, and entertainment hubs including Kierland Commons, Scottsdale Quarter, and Desert Ridge Marketplace. Commuting is a breeze with easy access to both the SR-51 and Loop 101 freeways. Located within the top-rated Paradise Valley Unified School District and close to local parks, dining, and golf courses.

4379 E Ludlow Drive, Phoenix

$565,900
3 Beds 2 Baths 7061132 MLS 1,350 SqFt.
STR opportunity! Beautiful 3-bedroom, 2-bath home in the desirable Phoenix neighborhood. Step inside to a bright, open layout featuring soaring vaulted ceilings and abundant natural light throughout. Enjoy the benefits of a 2-car garage and an incredible backyard designed for entertaining. Host gatherings under the covered patio or cool off in the sparkling pool--your own private oasis. Furnishings can be included on a separate bill of sale, allowing a buyer to step into cash flow operations from day one if desired or transition easily to family living. This is currently an investment property that operates as a short term rental, currently listed on Airbnb, VRBO and multiple other platforms. Property management in place and will be turn key. Buyer must honor future reservations. A rare opportunity to own a property that delivers immediate income potential and long term lifestyle and appreciation in one of Phoenix's most desirable locations.

3726 E Winchcomb Drive, Phoenix

$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

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.