Talk about a perfectly central located, fully renovated Scottsdale property. Was purchased several years ago and basically rebuilt from the ground up. During the process, a BRAND NEW pool was designed and completed, along with a full guest house remodel, with it's own kitchen.The property has been primarily used as a rental, with a current least in place. The tenants are 7 months into their 12 month lease. Lease amount is $75,000 for the 12 months. Lease was just extended into Sept 2024. THE AVERAGE NOI is $67,500 based on current lease and future lease terms.You really can't beat this location, between Old Town Scottsdale and Tempe, with Papago Plaza being redeveloped right around the corner.
7026 E Loma Land Drive Scottsdale, Az 85257 is a courtesy listing of HomeSmart (480) 628-5588 MLS# 6506201.
The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
My goal is to have people get want they want - whether they are selling or buying - and be delighted with the process. My clients can count on clear, timely communication that leaves them feeling confident and informed during what can be an overwhelming and intimidating process.Their priorities become my priorities and I strive to make each person feel like they're my #1 priority.
Create an Account
Search the MLS and featured property listings in real time.