1410 W Cheryl Dr - Apartments FOR SALE


Phoenix, AZ 85021- North Mountain
$1,250,000 USD
602-714-1297
1410 W Cheryl Dr, Phoenix, AZ for Sale
$1,250,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1410 W Cheryl Dr
Phoenix, AZ 85021
North Mountain


HIGHLIGHTS

  • 10 Units, Built in 1958 Across Five Parcels
  • Unit Mix Consists of 100% 1-Bed / 1-Bath Units
  • Heavy Value-Add Opportunity Through Interior & Exterior Remodels
  • Each Unit Individually Metered for Electricity, With Back Parking Access & an On-Site Coin-Operated Laundry Facility
  • Eight Units Share a Central Courtyard, With Shared Access Through Eastern Parcel
  • Located in the Heart of the Revitalized Sunnyslope Submarket Near North Mountain Park, Hatcher Urban Trail, & the 7th Street Dining Corridor

OVERVIEW

10-unit garden-style multifamily built in 1958 across five separate parcels, consisting of 100% 1-bed/1-bath units. Heavy value-add opportunity through interior and exterior renovations. Each unit individually metered for electricity, with rear parking access and on-site coin-operated laundry. Eight units share a central courtyard with shared access through the eastern parcel. Located in the heart of the revitalized Sunnyslope submarket near North Mountain Park, Hatcher Urban Trail, and the 7th Street dining corridor. Quick access to I-17 and SR-51, surrounded by established neighborhoods seeing steady redevelopment.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

10

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,155 SF

ZONING

R-3

APN/PARCEL ID

158-27-004,158-27-009A,158-27-009B,158-27-010A,158-27-010B

ASK ABOUT THIS PROPERTY

Tom PalestinaABI MultifamilyMore Info
602-714-1297

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Tom PalestinaABI MultifamilyMore Info
602-714-1297

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