Phoenix Homes with Attached Garage Parking Features

Phoenix Homes with Attached Garage Parking Features

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the stunning beauty of the Sonoran Desert. As the fifth-largest city in the United States, Phoenix is a thriving hub of culture, art, and outdoor adventure. With its warm, sunny climate, residents enjoy year-round sunshine and an array of recreational activities, from hiking the breathtaking trails of Camelback Mountain to exploring the lush landscapes of Desert Botanical Garden.

Nestled in Maricopa County, Phoenix boasts a rich history and a dynamic community that embraces diversity. The city is known for its lively downtown area, featuring a variety of restaurants, shops, and entertainment options that cater to every taste. With a strong economy and a growing job market, Phoenix is an ideal place for families, young professionals, and retirees alike.

For those in search of a new home in this dynamic city, consider the convenience and comfort of properties with attached garage parking features. These homes not only provide secure parking but also offer additional storage space and easy access to your vehicle, making daily commutes and weekend getaways a breeze. Imagine coming home to a stylish residence that complements your lifestyle, with the added benefit of a garage that protects your vehicle from the elements.

Whether you're drawn to the vibrant arts scene, the rich history, or the stunning desert landscapes, Phoenix offers a unique blend of opportunities and experiences. Explore homes with attached garages and discover your perfect sanctuary in this remarkable city!

Newest Phoenix Homes with Attached Garage Parking Features

$695,000
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

$5,950,000
6 Beds 8 Baths 7060684 MLS 6,169 SqFt.
Just minutes from The Global Ambassador, your favorite Arcadia's spots, Phoenix Country Day School, and Arizona's premier golf courses and luxury resorts, this newly completed custom-designed estate by Ella Lee Homes in collaboration with Folklore Interior Design sits on a pristine 0.8-acre lot framed by breathtaking Camelback Mountain and Phoenix Mountain Preserve views. Ideally positioned in a sought-after neighborhood at the crossroads of Phoenix and Paradise Valley, this 6,169 sq ft home offers 6 beds, 6 full baths, 2 half baths, and a fully appointed detached guest house. The foyer sets the tone with Roman clay walls, custom paneling, and checkered tile flooring. White oak flooring extends throughout the thoughtfully designed open floor plan, where a formal dining room and spacious great room with a gas fireplace, custom built-ins, and expansive sliding glass doors open seamlessly to the resort-style backyard. The chef's kitchen and sunlit breakfast room create an effortless gathering space for everyday living and entertaining. Outfitted with Wolf and Sub-Zero appliances, the kitchen also features an oversized island, beverage refrigerator, and a fully equipped butler's pantry and prep kitchen complete with a coffee bar, sink, dishwasher, and additional refrigerator. The split floor plan is anchored by a private primary suite with direct backyard access, dual vanities, a soaking tub, oversized walk-in shower, private toilet, and an expansive custom walk-in closet with a center island and direct access to the laundry room. Every guest bedroom is en-suite with its own walk-in closet, while a separate family room offers flexible space for a teen lounge, playroom, game/media room, or fitness studio. Additional amenities include a four-car attached garage for the main house with epoxy flooring, a mudroom with a drop zone, and a laundry room with dual washer and dryer sets. Designed for Arizona living, the backyard features a heated pool and spa, covered patio, built-in BBQ station, dedicated pool bath, an expansive lawn, mature ficus hedges for privacy, fragrant rose gardens, and citrus trees. The detached one-bedroom guest house offers exceptional flexibility with its own living room, full kitchen with a gas cooktop, microwave, dishwasher, pantry, laundry, walk-in closet, and an attached two-car garage--ideal for guests, multigenerational living, or extended stays.

4119 E Stanford Drive, Phoenix

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