1713 N 31st Pl - Apartments FOR SALE


Phoenix, AZ 85008- East Side
$1,095,000 USD
480-703-8955
1713 N 31st Pl, Phoenix, AZ for Sale
$1,095,000 USD
Apartments - FOR SALE
1/15
null | 5.94% Cap Rate

1713 N 31st Pl
Phoenix, AZ 85008
East Side


HIGHLIGHTS

  • Nearby Employment & Connectivity
  • Downtown Phoenix (±4.5 mi)
  • Phoenix Sky Harbor International Airport (±4.8 mi)
  • Biltmore Area (±4.0 mi)
  • Immediate access to SR-51 and Loop 202 (±1.0 mi)
  • Nearby Dining, Retail & Lifestyle

OVERVIEW

Matthews™ is pleased to announce the exclusive offering of Pacifica Apartments, a well-located 7-unit multifamily property situated in a central Phoenix infill location with strong rental fundamentals. Built in 1958, the property totals approximately 3,911 square feet of net rentable area, offering an average unit size of ±559 square feet—well suited for the surrounding renter profile. The unit mix consists of (5) one-bedroom / one-bath units and (2) two-bedroom / one-bath units, providing a balanced blend of affordability and livability. The asset presents an attractive opportunity for investors seeking small-balance multifamily exposure with stable in-place income and long-term upside potential in a supply-constrained submarket. The property’s central infill location, combined with its small unit count, supports consistent demand from renters seeking affordability, convenience, and access to Phoenix’s core employment and lifestyle nodes. Broker of Record David Harrington License # CO701910000 (AZ) Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

7

PRICE/UNIT

$156,429

CAP RATE

5.94%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pacifica Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3

APN/PARCEL ID

120-20-090

ASK ABOUT THIS PROPERTY

Kyle InmanMatthews Real Estate Investment ServicesMore Info
480-703-8955

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Kyle InmanMatthews Real Estate Investment ServicesMore Info
480-703-8955

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