10 Multifamily Units 719-733 E Marlette Multi-Family FOR SALE


Phoenix, AZ - North Phoenix
$2,650,000 USD
602-319-1326
, Phoenix, AZ for Sale
$2,650,000 USD
Multi-Family - FOR SALE
1/14
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10 Multifamily Units 719-733 E Marlette
Phoenix, AZ
North Phoenix


HIGHLIGHTS

  • Currently 90% occupied with short term leases, providing opportunity to bring to markets and / or renovate near term
  • Well-Located strong rental demand submarket, near highways, restaurants, and outdoor hiking parks
  • Diverse Unit Mix, providing leasing flexibility

OVERVIEW

The opportunity consists of a 10-unit multifamily property located within the North Central Phoenix submarket. The property consists of two separate tax parcels, one with 8-units and the other with 2-units. The improvements are situated on a generous combined parcel square footage of 40,374 SF, with R-4 multifamily zoning. A potential value-add scenario would be to either finish renovating the two duplexes and/or develop additional units on either of the parcels. Unit Breakdown: #1 Bedroom Units: 6, $1350 - $1500/mo #2 Bedroom Units: 3, $850 - $1750/mo #3 Bedroom Units: 1

ASK ABOUT THIS PROPERTY

Jake ViceROI Properties, LLCMore Info
602-319-1326

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Jake ViceROI Properties, LLCMore Info
602-319-1326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.