Phoenix Homes with Free Parking Features

Phoenix Homes with Free Parking Features

**Discover the Vibrant Charm of Phoenix, AZ**

Nestled in the heart of Maricopa County, Phoenix, Arizona, is a city that beautifully blends urban sophistication with a touch of Southwestern charm. Known for its stunning desert landscapes, year-round sunshine, and a thriving cultural scene, Phoenix is a place where outdoor enthusiasts and city dwellers alike can find their slice of paradise. With an array of museums, art galleries, and culinary delights, residents enjoy a lifestyle that is both dynamic and fulfilling.

One of the standout features of homes in Phoenix is the abundance of properties that offer free parking. In a bustling city where convenience is key, having a dedicated parking space is a priceless asset. Whether you’re commuting to work, exploring the vibrant downtown, or heading out for a weekend adventure, knowing that your vehicle is securely parked right at home brings peace of mind.

The real estate market in Phoenix is as diverse as its residents. From charming bungalows in historic neighborhoods to modern condos with breathtaking views of the mountains, there’s something for everyone. Many homes come equipped with spacious garages or driveways, ensuring that parking is never a hassle. This feature is especially appealing in a city where outdoor activities and social events are prevalent, allowing residents to host gatherings without the worry of finding street parking.

Embrace the Phoenix lifestyle where the sun shines bright, and the opportunities are endless. Explore homes with free parking today and discover the perfect blend of comfort and convenience in this vibrant desert oasis!

Newest Phoenix Homes with Free Parking Features

$1,625,000
10 Beds 8 Baths 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 7.83% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 7.83% cap rate at the $1,625,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800, equivalent to an 8.05% cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

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