Properties
Apache Junction, AZ 85120 268 N OCOTILLO Drive
$1,350,000
33 more
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Home Details
This Investment opportunity Features 8 Single Family Residences on 3 lots, 7 of which are rented bringing in a 7 CAP currently! with some renovation the 8th home would allow for a relatively easy 8+ CAP property! This listing features a few address',
268 Ocotillo dr, Apache Junction, Az
1032 & 1034 n Main dr, Apache Junction, Az
6 Are Stick built homes, 2 are pre-HUD manufactured homes. Single Families will likely allow for a highher rent premium than a standard apartment! This is the deal of 2026! Reach out with questions and drive-by only. DO NOT DISTURB TENANTS!
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Interior Features for 268 N OCOTILLO Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Laminate
Heating Y/NYes
General for 268 N OCOTILLO Drive
Additional Parcels Y/NYes
Attached Garage No
Cap Rate7.1
Carport Y/NNo
CityApache Junction
Community FeaturesNo Pool
Construction MaterialsWood Siding, Steel Siding, Wood Frame, Painted, Stucco
CoolingCentral Air, Ceiling Fan(s), Window/Wall Unit, 2 or More Units
CountyPinal
DisclosuresSeller Prop Disc Stm
ElectricSRP
Electric Expense408.0
Elementary School DistrictApache Junction Unified District
Fuel Expense0.0
Garage Y/NNo
Gross Income110812.8
HeatingHeat Pump, Electric
High SchoolApache Junction High School
High School DistrictApache Junction Unified District
Insurance Expense3703.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense600.0
MobileHomeRemainsYNNo
Net Operating Income95806.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total8
Open Parking Spaces20.0
Operating Expense15007.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAYTON SUBDIVISION
Tax Annual Amount3396.0
Tax Lot34
Tax Year2025
Township01N
Trash Expense2112.0
Water Sewer Expense4788.0
Year Built1957
ZoningMS10
Exterior for 268 N OCOTILLO Drive
Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsVaries
Number of Buildings8
Parking Features<1 Space Per Unit
Road Surface TypeDirt
SpaNo
Total Parking22.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Apache Junction High School
Middle School
N/A
Elementary School
N/A
