1018 N 22nd Pl - Multi-Family FOR SALE


Phoenix, AZ 85006- East Side
$1,250,000 USD
602-714-8931
1018 N 22nd Pl, Phoenix, AZ for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

1018 N 22nd Pl
Phoenix, AZ 85006
East Side


OVERVIEW

1018 - 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

8

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1018 - 1022 North 22nd Place

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-5

APN/PARCEL ID

116-04-098B

ASK ABOUT THIS PROPERTY

Bryce NeagleABI MultifamilyMore Info
602-714-8931

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Bryce NeagleABI MultifamilyMore Info
602-714-8931

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