268 N OCOTILLO Drive, Apache Junction, AZ 85120
$1,350,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,350,000
Last Modified:
3/20/2026
Description
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!
More Information MLS# 7001492
Contract Info
Ownership: Fee Simple
Current Price: $1,350,000
List Price: $1,350,000
Status: Active
List Date: 2026-03-20
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): LOT 34 CAYTON SUBDIVISION CAB 5 SLD 21
Assessor's Parcel #: 32
Add'l Parcels: Yes
Tax Municipality: Pinal - COUNTY
Census Tract: 308
Taxes: 3396
Legal: LOT 34 CAYTON SUBDIVISION CAB 5 SLD 21
Marketing Name: 8 SFR on 3 lots
House Number: 268
Compass: N
Street Name: OCOTILLO
St Suffix: Drive
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85120
Zip4: 3791
County Code: Pinal
Subdivision: CAYTON SUBDIVISION
Assessor Number: 101-03-032
Tax Year: 2025
General Property Description
# of Buildings: 8
Uncvrd Parking Spcs: 20
Lot Size Dimensions: Varies
Total # of Units: 8
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
High School: Apache Junction High School
Year Built: 1957
Zoning: MS10
Legal Info
Range: 08E
Section: 19
Township: 01N
Lot Number: 34
Project Type
5 - 12 Units: 1
Other Type
House + Rental Units: 1
Packaged Offering: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Steel Siding: 1
Wood Siding: 1
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Sale Includes
Building(s) Only: 1
Land & Building: 1
Personal Property: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 408
Annual Gas Exp: 0
Annual Ins Exp: 3703
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 600
Annual Mgmt Exp: 0
Annual Trash Exp: 2112
Annual Wtr/Swr Exp: 4788
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 15007
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 110812.8
Pmt & Rate Info
Cap Rate: 7.1
Equity: 1350000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Window/Wall Unit: 1
2 or More Units: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Built-In Electric Oven: 1
Washer/Dryer: 1
Road Surface Type
Dirt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
<1 Space Per Unit: 1
Electric
SRP: 1
Gas
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1313
Avg SqFt: 667
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 765
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1642
Avg SqFt: 1300
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Ocotillo & Apache Trail
Geo Lat: 33.417549
Geo Lon: -111.569784
Income Expenses
Gross Annual Sch Inc: 114240
Net Operating Income: 95806
Property Features
Project Type: 5 - 12 Units
Other Type: House + Rental Units; Packaged Offering; Other (See Remarks)
Construction: Wood Frame
Const - Finish: Steel Siding; Wood Siding; Painted; Stucco
Roofing: Composition
Floors: Laminate; Tile
Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment
Community Features: No Pool
Appliances Included: Built-In Electric Oven; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Window/Wall Unit; Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: Individual Meter
Parking Features: <1 Space Per Unit
Road Surface Type: Dirt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
Documents
Offering Memorandum/P&L/RentRoll ›
Listing Office:
Better Homes & Gardens Real Estate SJ Fowler
Last Updated: March - 20 - 2026
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