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801 S 17th Avenue - Las Casitas, Phoenix, AZ

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801 S 17th Avenue - Las Casitas

Phoenix, AZ 85007 - Central City South MF Submarket

Property Type:Multi-Family Number of Units:30 Status:Existing Year Built:1947
Stories:1 Building Size:28,500 SF Land Area:1.31 AC (57,064 SF)
For Sale Price:$995,000 Price/Unit:$33,166.67 Cap Rate:6.30 % GRM:-


The property is located less than a half mile south of the Capital District of downtown Phoenix. Phoenix is the Capital of Arizona and the center for the State Government is within a few blocks. There is always the upside potential either as the City expands to the south or additional development continues in the area.

Sale Notes:
The seller is offering financing on this historic moneymaker! Las Casitas is situated just blocks from the State Capitol complex in Downtown Phoenix. Don't miss this opportunity to purchase a fully rehabbed complex of charming bungalows, most with their own covered carport. On-site leased laundry equipment brings additional income.

This block constructed property is low maintenance and bullet-proof with concrete floors, desert landscaping, new HVAC, roofs, electric, and plumbing. Enjoy super-low expenses going forward. You simply cannot find this kind of seller-financed deal in the current Phoenix market!
Near the state capitol complex in downtown Phoenix

GPCI Multifamily
Mark Skelpsa
(480) 430-5752

Terry Kass
(602) 703-5277

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