1534 W Osborn Rd - Apartments FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$2,550,000 USD
602-788-1700
1534 W Osborn Rd, Phoenix, AZ for Sale
$2,550,000 USD
Apartments - FOR SALE
1/117
null | Request Cap Rate

1534 W Osborn Rd
Phoenix, AZ 85015
Midtown Phoenix


HIGHLIGHTS

  • Eco-friendly features like LED lighting, low-water-use landscaping, new AC’s and energy-efficient appliances.
  • Integrated smart home features, high-speed fiber optic internet, and security cameras.
  • Unique luxury design elements in each unit attract guest looking for bespoke interiors.
  • Gated Community - Enhanced security and exclusivity. Very peaceful at night.
  • Guest Amenities - Communal lounge areas, putting green, gas fire pit, gas grill.

OVERVIEW

The properties located at 1534 and 1538 W Osborn Road present an outstanding investment opportunity in the short-term rental market. With robust historical financial performance, significant additional revenue potential, and strategic growth initiatives, these properties are poised to deliver strong returns for investors. This portfolio sale consists of 2 quadruplex units located in the same boutique subdivision being sold as one 8 unit multi-family property or boutique hotel. Per the tax records, the properties still reflect to be 2 separate quadraplex units, but this will be sold together as one sale.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$528 USD /SF

# OF UNITS

8

PRICE/UNIT

$318,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1534 & 1538 W Osborn Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

M-H

APN/PARCEL ID

110-15-091

ASK ABOUT THIS PROPERTY

Hanifah BrownCambridge PropertiesMore Info
602-788-1700

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Hanifah BrownCambridge PropertiesMore Info
602-788-1700

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