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7211 N 54th Avenue - Myrtle Manor Apartments, Glendale, AZ

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7211 N 54th Avenue - Myrtle Manor Apartments

Glendale, AZ 85301-1965 - Glendale/Rt 60 Corridor MF Submarket

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:1985
Stories:2 Building Size:9,710 SF Land Area:.37 AC (16,100 SF)
For Sale Price:$748,000 Price/Unit:$74,800.00 Cap Rate:6.50 % GRM:-

Parking:1.33 Parking Spaces / 1,000 SF

Property Description: Multi Family - 10 Units

Sale Notes:
Great value add investment of 10 large 2BD/2BA units all with interior laundry and fireplaces. Upstairs units have vaulted ceilings with skylights. Property sits on 0.37 acres
located near Historic Downtown Glendale. Recent improvements include new carpet, some new appliances, new 2-tone paint, new blinds and new ceiling fans. Rents are below market ... take advantage of upcoming turns to leverage strong rental market. Easy to manage.

Arizona Investment & Management
Victoria Miachika
(602) 277-7368

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