COMPARABLE COMMERCIAL PROPERTIES

WITH IN 1/2 MILE OF McQUEEN26 - SUBJECT PROPERTY

MOST COMP PROPERTIES ARE C2, C3, WHERE DEVELOPER CAN BUILD ONLY ONE BUILDING WITH 1-4 UNITS

ON McQUEEN26 DEVELOPER HAS THE CHOICE OF BUILDING SEVERAL BUILDINGS AND  UP TO 26 UNITS

McQUEEN26 IS FAR SUPERIOR THAN COMPS AND UNDER PRICED 

LET US HELP YOU BUY, DEVELOP, SELL OR LEASE  -  CALL US TO SEE WHAT WE CAN DO FOR YOU

602-321-8242

CURRENT PICTURES AS OF    AUGUST 6, 2015

INVEST $395,000 - EARN $19,000 / MONTH, GET EQUITY OF $1,000,000 IN DEVELOPMENT

LISTING AGENT IS ALSO ONE OF THE PRINCIPALS

ALL INFORMATION DEEMED RELIABLE, BUYER TO VERIFY 

A P S   ELECTRIC POLES   THE POLES at the entrance WILL BE REMOVED BEFORE THE CLOSING

P R O P E R T Y   D E T A I  L S 

PLAY THE VIDEO ABOVE TO HEAR FULL DETAILS

IMPROVEMENTS & CONDITION

**** SAVINGS TO YOU ****

ZONED MF3   $50,000 + ONE YEAR

FULLY FENCED PROPERTY     $60,000

CLEAN AND MAINTAINED PROPERTY  $10,000

ELECTRIC, WATER, SEWER, CABLE, PHONE

PAVED ROAD TO THE PROPERTY

FULLY DEVELOPED AREA

WILL SUPPORT ANY DEVELOPMENTS

FINANCIALS

ASKING PRICE    $395,000

LAST TIME SOLD FOR $680,000

ESTIMATED CONSTRUCTION COST  $1,400,000

ESTIMATED DEBT SERVICE 4%         $     56,000    

ESTIMATED RENTS                            $    312,000                     

GROSS ANNUAL INCOME                   $    256,000

GROSS MONTHLY INCOME                $      21,000

MCQUEEN 26 MULTIFAMILY

VACANT LAND FOR DEVELOPMENT

26 UNIT TOWN HOMES

26 UNITS CONDOMINUMS

26 UNIT APARTMENT COMPLEX

COMMERCIAL / INDUSTRIAL YARD

VACANT STORAGE LOT

LUXURY HOME ESTATE

FAMILY COMPOUND WITH SEVERAL HOMES

160 NORTH McQUEEN ROAD

CHANDLER, AZ.  85225

MARICOPA COUNTRY, ARIZONA

1.45 ACRES

ZONED MF-3   (18 UNITS PER ACRE)

PARCEL#  303-03-072 B

POTENTIAL OF OVER $12,000/M INCOME

$1,000,000 EQUITY UPON COMPLETION

ZERO DOWN SIDE: WORST CASE

​SELL AT A PROFIT OF 50% +