Seller may carry this attractive and high occupancy property in a highly desired North central Phoenix location. Located on a high-visibility thoroughfare, Tampico is near award-winning restaurants, employment, and the light rail system. Children attend the sought after Madison School District schools. See Documents tab for financial information. All facts and figures are approximate, including MLS info. Buyer and agent are advised to exercise due diligence and to verify all information to their satisfaction.
Greenridge is a two-story apartment community built in 1986, comprising 72 rental units. Property has tremendous street frontage. The property is individually- metered for electricity. Common amenities include a swimming pool, laundry facility and 72 covered parking spaces, plus 36 additional open parking spaces. Unit amenities include walk-in closets, dishwashers and storage rooms provided for select units. A separate rental office is located on the property. The unit mix is approximately 6% studio, 38% one-bedroom, 50% two-bedroom and 6% three-bedroom units. Construction is of wood frame and painted stucco, with pitched, composite shingle roofs.
Indian Canyon Apartments is located in the heart of Central Phoenix. The location has easy access to the I-17 and is a short drive to downtown Phoenix. There is a good mix of 1 and 2 bedroom floor plans with 20 units having had interiors rehabbed. Property has front gate, on site leasing office and a nice pool. Property recently received a new foam roof and had the parking lot re-striped. cap rate to 8.79%
The property consists of 62 units within4 two-story residential buildings that face an interior courtyard with a sparkling blue pool. The concrete block and stucco construction was built in 1974 but has been through several cycles of renovation, the last being in 2012-13 which included a remodel of pool including bringing up to new codes, new roof, parking lot resurfacing, new chiller compressors, as well as a majority of the units remodeled. The property has laundry facilities, as well as a nice common area. Please drive by only and do not disturb tenants.
FULLY RENOVATED 14 UNIT COMPLEX IN HISTORIC PALM SPRINGS LIKE NEIGHBORHOOD, WALK TO LIGHT RAIL STATION, POSTINO'S WINDSOR, AJ'S, FEDERAL PIZZA AND THE RENOVATED BEEFEATER SITE. AVG 1,070 SF AND ARE 2 AND 3 BEDROOMS. 12 OF 14 UNITS HAVE 2 BATHROOMS. NEW ROOF COATING WITH 4 YEAR WARRANTY, 10 NEWER A/C'S, POOL 100% REPLUMBED, COVERED PARKING. NEW COUNTERTOPS, VINYL PLANK FLOORING THROUGHOUT UNIT,BERBER CARPET IN BEDROOMS, FIXTURES, NEW PAINT, TILE BACKSPLASHES. A RARE OPPORTUNITY TO BUY AN AMAZING NEIGHBORHOOD WITH POTENTIAL FOR CONDO CONVERSION AND ADDING WASHERS/DRYERS. INDIVIDUALLY METERED FOR ELEC/GAS. LAUNDRY EQUIPMENT OWNED AND TENANTS PAY EXTRA FOR S/W/T. WWW.LIFEATMIDTOWN.COM (ESTATES AT MIDTOWN). AGENT/
***MUST PURCHASE ALL FOUR PARCELS TOGETHER - APN: 11-33-023, 11-33-022, 111-33-020 and 11-33-019*** These charming units are directly across the street from the Margaret T.Hance Park in the presitigious Roosevelt Historic District. Overlooking beautiful downtown Phoenix, this apartment complex provides its tenantseasy access to city activity and the new ASU satellite campus. For those tenants looking to venture out of downtown, the Culver StreetApartments are conveniently located near the I-10 freeway.
INVESTORS TAKE A LOOK! BULK 34 Total Units. 7 - Rare 3 Bed, 22 - 2 Bed, and 5 - 1 Bed Units. Onsite Leasing Office. Currently in Property Management Pool. AVG 98% Occupancy! GREAT LOCATION. JUST LOOK AT THE COMPS in the Area for Single Units and you will see the huge Value. Seller may entertain breaking up this package into smaller numbers. Full Financial Info Available. GREAT CAP RATE - Contact for Details.
Awesome area! Nice buildings! The Clarendon Arms is a 12 unit/all 2 bedroom unit, building with a swimming pool and laundry. The Clarendon Cottages is 2 triplexes, directly East sharing a courtyard/ also all two bedroom. Buyer to verify all items prior to close of escrow.
Consisting of almost all 2-1/1-bath units, Paradise Square Apartmentsoffers large units with private back yards and balconies. The propertyhas a new pitched roof, individual metering for electricity, new exteriorpaint, and plenty of open parking. The property is located just off 30thStreet on Paradise Lane. Close to Bell Rd and the 51, and surroundedby major employers and shopping, these apartment units offer afavorable location and desirable amenities.
What an opportunity to purchase a single level 18 unit apartment complex thathas a great rental history. This property sits on almost a full acre of land and is all2 bedroom, 1 bath units that are very spacious at over 900 sq ft each. There areindividual storage units for each tenant and plenty of parking. This building hassignificant upside potential with a little TLC.