This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors. Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing… Read More a value-add strategy through renovations and operational improvements. The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued population growth and demand in the Scottsdale/Phoenix market, this property is well-positioned for both cash flow and long-term appreciation. Read Less
Courtesy of HomeSmart 602-230-7600
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1958
MLS Number
7014299
30 Days Snapshot Of 85251
$1.12M
+6%
(avg) sold price
44
-10%
homes sold
86
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Refrigerator", "Free-Standing Electric Oven", "Microwave"
Building
Built in 1958, Construction materials: "Brick Veneer", "Stucco", "Block", 15 total units
Cooling
"Central Air", "Window/Wall Unit"
Floors
"Tile"
Heating
"Central", "Window/Wall Unit(s)"
Parking
"1 Space/Unit", 15 total parkings
Property
Zoning: M-H
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $4,245, Lot: 51
Utilities
"APS", "SRP"
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