268 N OCOTILLO Drive, Apache Junction, AZ 85120

$1,250,000

Property Type: Multiple Dwellings Bedrooms: 15 Baths: 10 Status: Active

Current Price: $1,250,000 Last Modified: 8/25/2026

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

Structure

Bedrooms Total: 15
Bathrooms Total: 10

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

Documents

Offering Memorandum/P&L/RentRoll ›

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Last Updated: August - 25 - 2026