Yavapai County, Cordes Lakes, AZ 86333
3 bd2 ba1,100 sfBuilt 2025
Gross spread$175,000
Description
Turnkey portfolio of 5 brand-new single-family rentals in Cordes Lakes, AZ, offered as a single tranche at $1,350,000 ($270,000 per home). Each 2025-built home is a single-story 3-bed, 2-bath spanning 1,100 square feet on a 7,000 square foot lot — new-construction condition throughout, no deferred maintenance and no renovation timeline. The portfolio underwrites to a 6.24% cap: roughly $84,205 in aggregate NOI against the $1,350,000 ask, with projected rent of $1,763 per home per month (about $105,780 annually across all five). Per-home carrying costs are known and modest — $1,234 annual property tax, $1,000 insurance, and a $50 monthly HOA. Blended ARV across the five homes is $1,525,000, a $175,000 spread over the ask on top of day-one yield. A clean, single-close entry into five stabilized-ready new-construction rentals. Financials and rent assumptions available on request.
Price and status history
- Sold → Available35d liveAug 8, 2026 · 38d ago
- Available → Sold29d liveAug 2, 2026 · 43d ago
Observed by our own harvest of the originating listing, not a public record.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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