Just Sold: Investment Property

This entry was posted in Investment and tagged Investment Property, Sold on November 1, 2017 by Mya Mejia.

Just Sold: Crescent Moon Condominiums

510 E 10th Ave, Apache Junction, AZ 85119

Price: $380,000
7.5% Cap Rate

The Residential Condos located west of S. Royal Palm Rd and E Old West Highway closed on October 9th for $380,000. COBE Real Estate broker Brad Broyles represented the seller.

Sale Highlights

Fully Leased Residential Condos sold for $380,000
Excellent Investment Property with a Cap Rate of 7.50%
Each 867 SF Unit Includes: 2 Bedrooms, 2 Bathrooms, Kitchen, Living Room, Dining Room and Patio
Less than 1/2 mile from Newly Expanded Central Arizona College
1.5 miles from US 60 Superstition Freeway, with Hiking, Shopping and Restaurants Nearby

For more information contact:

BRAD BROYLES
VP, Sales & Leasing
COBE Real Estate

2152 S Vineyard, Suite 116
Mesa, AZ 85210

(O) 480.610.2400
(F) 480.610.2407

Testimonials

I can't say enough great things about COBE Real Estate! They made me feel like I was their only client – they were organized, patient, responsive, and they listened. I expect a lot from people and hold them to very high standards, so when I say they are the best, I mean it. I will definitely work with COBE again – and would highly recommend them to anyone looking for a capable commercial broker.
Dr Frank Oppong-Takyi, MD
COBE Real Estate is a high performing brokerage that sets and meets expectations. They have a streamlined approach for leasing/selling commercial properties that is efficient and effective. Because of their market knowledge, work ethic, determination, and perseverance, they have earned my trust.
Conrad Morin, VP Sunrise Bank of Arizona
COBE Real Estate was a very wise choice for me, and I highly recommend them for any of your leasing, rental, or selling needs. Not only did they negotiate a great deal on the building I bought, but they also were able to sublease a portion in this very difficult market. COBE is aware of market demand, has great contacts, and a great firm.
Brad Arnett, CEO Arnett Insurance
TJ Zaharis is an outstanding broker! He has helped us find 3 different office spaces. He understands the market. He listens attentively to our needs and uses his resources and connections to find both listed and unlisted options. Twice he found us amazing deals that weren't even on the market yet. He walked us through the process each time and was patient with questions and concerns. I would highly recommend TJ for your commercial real estate needs!
Kristen K.
When I purchased my new office, I secured extra space as an option for future expansion or potential rental income. COBE Real Estate exceeded my expectations and not only helped me with the acquisition of the property, but also efficiently located a tenant for the extra space and helped me step by step to become a successful landlord. I could not have done any of it without the help and guidance of COBE Real Estate.
Therese Losi, DPM
I hired Cobe Real Estate, specifically Steve Beck, to assist me with a commercial property in Yavapai County. I had been through a number of local brokers who did not understand the market value or potential use of this property. Steve and his assistant Linda did a wonderful job of researching the market, preparing marketing materials and communicating with interested parties. These folks didn't just list the property and put it out on web, they actively marketed the property through their contacts. They also kept me informed throughout the process. Steve and Linda are both very professional and were excellent representatives when dealing with sophisticated interested parties. The property sold for the number we wanted and I am very happy with work, professionalism and commitment. Excellent real estate specialists.
Gail G
Steve and TJ really know their market and gave such powerful insight to, ultimately, make an informed decision about our commercial needs.
Clint Severson
Steve Beck and Linda are great, they always take time to meet with their clients and understand their needs. They know the commercial real estate market and go above and beyond when representing their clients.
Z Wagner
The staff is so good here and you actually get to talk to a person.
Tom Farnsworth

Just Sold: Investment Property

Just Sold: Crescent Moon Condominiums

510 E 10th Ave, Apache Junction, AZ 85119

Sale Highlights

For more information contact:

Testimonials

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