Kristen McEwen, GRI www.AZHomesWithKristen.com

North Central Phoenix (Phoenix, Arizona, US - 85032)
$2,995,000




 

Prudential American Associates


Kristen McEwen, GRI
 
Kristen McEwen, GRI
Email Kristen
 
Phone: (602) 882-1878
Cell: 602 882 1878
Fax: 623 934 6300
 
Details

Address: 16621 N. 25th St. Type: Residential Style: Single Story Lot Type: Rectangular
 
Description

This income producing property is truely an income producer. 56 units at just $2,995,000 makes this apartment complex one of the best purchases available in the Metro Phoenix Area. Current owner has owned this property in excess of 8 years and is now retiring due to health reasons. This property features new roofs within the last 3 years, completely tiled flooring. The construction on these is of the mid 70s and is block constructed. The cap rate on this one is 8.00. This property is a must see and is situated on 2.17 acres. This property features 55 / 1 bedroom units that rent out at $550.00 per month. 1 / 2 bedroom unit that is currently the onsite managers unit.
 
Features
Heating
 Heat Pump
Sewer/Water Systems
 Public
Brokered and Advertised by:   Integrity West Real Estate P2#1562487
 

Information is deemed to be correct but not guaranteed.