1709 W Mountain View Rd - Apartments FOR SALE


Phoenix, AZ 85021- North Mountain
$2,999,000 USD
623-533-1746
1709 W Mountain View Rd, Phoenix, AZ for Sale
$2,999,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

1709 W Mountain View Rd
Phoenix, AZ 85021
North Mountain


OVERVIEW

Monte Vista Apartments is a 16-unit multifamily investment opportunity located at 1709 W Monte Vista Road in the desirable North Mountain submarket of Phoenix, Arizona. Built in 1985, the property consists of two, two-story residential buildings totaling approximately 12,160 rentable square feet on a .44 acre parcel. The community features a highly desirable unit mix of 100% two-bedroom, one-bathroom floor plans averaging approximately 760 square feet, appealing to a broad tenant base including families, roommates, and workforce renters. Situated within the established North Mountain corridor, the property benefits from convenient access to major employment centers, retail amenities, and transportation corridors, making it an attractive and rental stable option for residents seeking affordability and connectivity in the Phoenix metropolitan area.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$247 USD /SF

# OF UNITS

16

PRICE/UNIT

$187,438

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monte Vista Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R-4, Phoenix

APN/PARCEL ID

158-21-071D,158-21-071E,158-21-071J

ASK ABOUT THIS PROPERTY

Colt SilerORION Investment Real EstateMore Info
623-533-1746

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Colt SilerORION Investment Real EstateMore Info
623-533-1746

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