Phoenix Homes with Paved Parking Features

Phoenix Homes with Paved Parking Features

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the stunning beauty of the desert landscape. As the fifth-largest city in the United States, Phoenix boasts a rich tapestry of culture, history, and outdoor adventure. With its warm, sunny climate, residents enjoy year-round sunshine and an array of recreational opportunities, from hiking in the nearby Camelback Mountain to exploring the picturesque Desert Botanical Garden.

Located in Maricopa County, Phoenix is not just a place to live; it's a lifestyle. The city is known for its diverse neighborhoods, each offering its unique charm and amenities. Whether you’re drawn to the bustling downtown area, with its trendy shops and gourmet dining, or the serene suburbs that provide a family-friendly atmosphere, Phoenix has something for everyone.

One of the standout features of homes in this thriving city is the availability of properties with paved parking. Imagine coming home to a beautifully maintained residence, where you can easily park your vehicle on a well-paved driveway or in a spacious garage. This feature not only enhances convenience but also adds to the overall appeal and value of your home. In a city where outdoor activities are abundant, having designated parking means you can spend more time enjoying everything Phoenix has to offer, instead of worrying about where to park.

Whether you’re a first-time homebuyer, looking to upgrade, or seeking an investment property, Phoenix offers a wealth of options with paved parking features that perfectly complement the city’s lifestyle. Come discover your dream home in the heart of the Valley of the Sun!

Newest Phoenix Homes with Paved Parking Features

10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

8939 N 8th Street, Phoenix

7061300 MLS ⋅ 1,584 SqFt.

OWNER MAY CARRY! Zoned R-5 with C-2 multi-use, part of Hatcher Overlay District (see docs) on lrg lot in N. Central Phx, good street frontage. Currently set as 2 sep office suites, ea with reception area, 3 offices and 1 bath. SUITE A has kitchenette and appx 740sf, SUITE B apppx 830sf. Or c/b be used as one lrg 6-office suite with 2 bathrooms (no shower/tub). C/B prof office, medical clinic, beauty salon, construction bldg. Out bldg w/elect for addl storage or office. Travertine floors with carpet in offices. LARGE LOT with rear yard secured by block fence. 2 RV gates for access, great for equip/vehicle storage. Lots of parking in back. 1 AC replaced appx 2 yrs ago. Near John C Lincoln Med and EZ access to downtown Phx & 51 Fwy. Great rental potential! OWNER MAY CARRY

16 E Hatcher Road, Phoenix

6 Beds ⋅ 6 Baths ⋅ 7060894 MLS

* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix

7059823 MLS ⋅ 1,375 SqFt.

Very functional single-story building features three versatile large tile-floored rooms with connecting interior doors that may accommodate office space, light commercial enterprise, storage facility, or more. Two bathrooms are situated within south side of building. Owner has added new septic and water lines, water heater, roof, electrical lines and split AC systems. Covered parking area may accommodate at least three vehicles, and the entire property is encompassed by secure chain-link and barbed wire fencing as well as tubular steel fencing and gate along the patio exterior. There is also a spacious exterior gravel-covered yard south of the building perfect for expansion. Conveniently located just west of Central Avenue along the light rail route!

17 W Alta Vista Road, Phoenix

Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix

7058868 MLS ⋅ 1,442 SqFt.

Great use of space, 3 private offices, bathroom, break room, conference room, 2 storage closets and reception/work area. Paved parking. Commercial carpeting, tile and wood flooring. Great opportunity, in easy to access Central Phoenix.

2814 W Northern Avenue, Phoenix

7058772 MLS ⋅ 6,003 SqFt.

This listing is for 3 individually platted office condo units in building 4, Suites 136, 139, 142 with individual apn's of 215-18-534, 215-18-533, 215-18-532. *THESE UNITS ARE NOT BEING SOLD INDIVIDUALLY* *Owner Financing Available - 5 Year Interest Only at 8% with 20% down for well qualified parties'' 5,900sf total - Current use is Professional Office but serves as a magnificent opportunity for Medical Office Conversion likely to create hundreds of thousands in equity however this is heavily dependent on the build-out you choose. Brochure is Docs Situated minutes from Mayo Clinic, Abrazo Scottsdale, Honor Health and other providers in the North Phoenix / Paradise Valley / Desert Ridge healthcare corridor As always, buyer to perform their due diligence to their satisfacti

4550 E Bell Road Unit 142, Phoenix

hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix

BRAND NEW and Turn Key completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income. Done with the idea of lasting excellence and durability. Even the parking lot has brand new asphalt Ready for New tenants at $1650 per month

11230 N 17th Avenue, Phoenix

Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

4020 N 12th Street, Phoenix

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

7055258 MLS ⋅ 3,911 SqFt.

Prime C-3 commercial opportunity in the heart of Phoenix! Currently operating as an auto dealership, this versatile property offers endless future potential. The building features a spacious warehouse with a car lift, plus fully remodeled office space, kitchen, and bathroom. Move-in ready for a variety of uses. Enjoy rare dual frontage on both Broadway Road and 9th Street, with access points on each side and secure gated parking. Room to grow, flexible zoning, and high-visibility exposure make this a standout investment. Buyer to verify all information and details.

906 E Broadway Road, Phoenix

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