268 N OCOTILLO Drive, Apache Junction, AZ 85120

$1,250,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,250,000 Last Modified: 8/18/2026

Overview

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!

Listing Details MLS# 7001492

Location, Tax & Legal

House Number
268
Compass
N
Street Name
OCOTILLO
St Suffix
Drive
City/Town Code
Apache Junction
State/Province
AZ
Zip Code
85120
Zip4
3791
Country
US
County Code
Pinal
Subdivision
CAYTON SUBDIVISION
Assessor Number
101-03-032
Tax Year
2025
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

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Varies
Year Built
1957
Uncvrd Parking Spcs
20
Total # of Units
8
# of Buildings
8
Zoning
MS10
Elementary School District
Apache Junction Unified District
High School District
Apache Junction Unified District
High School
Apache Junction High School

Remarks Misc

Cross Street
Ocotillo & Apache Trail

Legal Info

Township
01N
Range
08E
Section
19
Lot Number
34

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
1313
Avg SqFt
667
# Baths
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
765
Avg SqFt
800
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
2
Avg Rent
1642
Avg SqFt
1300
# Baths
2

Income Expenses

Gross Annual Sch Inc
114240
Net Operating Income
95806

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

Project Type

5 - 12 Units
Yes

Efficiency Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Other Type

House + Rental Units
Yes
Packaged Offering
Yes
Other (See Remarks)
Yes

Construction

Wood Frame
Yes

Const - Finish

Steel Siding
Yes
Wood Siding
Yes
Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes
Tile
Yes

Sale Includes

Building(s) Only
Yes
Land & Building
Yes
Personal Property
Yes
Laundry Equipment
Yes

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

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Window/Wall Unit
Yes
2 or More Units
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Built-In Electric Oven
Yes
Washer/Dryer
Yes

Road Surface Type

Dirt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

<1 Space Per Unit
Yes

Electric

SRP
Yes

Gas

Individual Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

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
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: August - 18 - 2026
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