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Project Type: Other (See Remarks)

Construction: Block; Wood Frame

Const - Finish: Painted; Stucco

Roofing: Tile

Floors: Ceramic Tile

Sale Includes: Land & Building; Pool Equipment; Laundry Equipment

Community Features: No Pool

Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup

Heating: Individual; Heat Pump

Cooling: Ceiling Fan(s); Heat Pump; Individual

Water Source: Individual Meter

Sewer: Sewer - Public

Electric: APS; Individual Meter

Gas: None

Parking Features: Garage; On Street; >1 Space Per Unit; Garage Door Opener; Attached Garage

Road Surface Type: Asphalt

Owner Pays: None

Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV; Landscaping; Pool Maintenance

Source of Fincl Data: Books Shwn Accpt Ofr; Other (See Remarks)

Lockbox Type: Supra; See Private Remarks

New Financing: Cash; Conventional; No Carry

Environmental: None

The property is secured by a 5-year NNN lease at $5,200 per month, with annual rent escalations of $1,200 per year in Years 2 through 5, providing built-in income growth. The lease also includes two (2) additional 5-year renewal options, offering long-term stability and downside protection. Landlord Responsibilities: NONE. The tenant is responsible for prorated property taxes, insurance, utilities, pool maintenance, property upkeep, and all operational expenses, allowing ownership to enjoy hands-off income with no management burden. Backed by a tenant with a very strong track record, this investment delivers durable cash flow, annual rent growth, and long-term lease securityan ideal solution for investors prioritizing stability, simplicity, and predictability. Why This Works for Investors Fully leased, stabilized NNN investment Annual rent escalations already built into the lease Two 5-year renewal options for long-term income Experienced, credit-worthy tenant with a strong operating history No landlord responsibilities  truly passive ownership Recent capital improvements already completed Immediate cash flow with upside escalations are $100/month each year (=$1,200/year), then the rent schedule is: Year 1: $5,200/mo Year 2: $5,300/mo Year 3: $5,400/mo Year 4: $5,500/mo Year 5: $5,600/mo Assuming this is true NNN (rent H NOI because tenant covers the expenses), here are the cap rates on a $850,000 price: Cap Rate by Year (Price = $850,000) Year Monthly Rent Annual NOI Cap Rate 1 $5,200 $62,400 7.34% 2 $5,300 $63,600 7.48% 3 $5,400 $64,800 7.62% 4 $5,500 $66,000 7.76% 5 $5,600 $67,200 7.91%