Assignment
Assignable Contract — 3BR Single Family, ~$55,000K Equity · Douglas, AZ
600 E 15th St, Douglas, AZ · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units49
Living area38,575 sqft
Lot1.5 acres
Year built1975
About this deal
Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 600 E 15th St, Douglas, AZ. Contract price $140,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.
The numbers
- Cap rate
- 7.5%
- Net operating income
- $30,420/yr
- Cash flow
- +$2,535/mo
- Occupancy
- 39 of 49 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.