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82 - 86 W Culver Street, Phoenix, AZ

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82 - 86 W Culver Street

Phoenix, AZ 85003 - Downtown Phoenix MF Submarket

(3.2 MB)

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:1951
Stories:1 Building Size:3,289 SF Land Area:.32 AC (13,939 SF)
For Sale Price:$1,925,000 Price/Unit:$385,000.00 Cap Rate:3.00 % GRM:-

Parking:1.82 Parking Spaces / 1,000 SF

INCREDIBLE HISTORIC DISTRICT LOCATON. These charming units are directly across the street from Margaret T. Hance Park and overlook beautiful downtown Phoenix in the prestigious Roosevelt Historic District. The pride of ownership is apparent in this quiet residential neighborhood. All of the units have ceramic tile floors and classic 1951 architecture. The triplex has a 2 bedroom, a 1 bedroom, and a studio. The duplex has two 2 bedroom units. There is also a leased laundry in back with private parking.

Sale Notes:
There are 4 buildings available; 82 (3 Units), 86 (2 Units), 94 (3 Units) & 98 (3 Units) W Culver. The units are in good shape and fully occupied. There has been some rehab done to the interior and exterior of the units. This is a definite "Reposition Opportunity" based on its excellent location.

GPCI Multifamily
Terry Kass
(602) 703-5277

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