1815 W Sahuaro Dr - Apartments FOR SALE


Phoenix, AZ 85029- North Mountain
$1,499,999 USD
602-410-0228
1815 W Sahuaro Dr, Phoenix, AZ for Sale
$1,499,999 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1815 W Sahuaro Dr
Phoenix, AZ 85029
North Mountain


OVERVIEW

This rehab opportunity is located near 19th Ave/Peoria and sits on just over an acre. The property previously operated as a small (14) unit rental community. The property is comprised of (12) individual buildings, which is a one of a kind property in the area. It offers the buyer a a chance to create a unique living environment for the community creating a nice value add for the buyer. The property has 4 efficiency units, 9 (1bd) individual units/homes and (1) 2bd unit/home. This property is just minutes from the I-17 with the North Mountain Preserve walking distance away. The seller would be open to discussing a master leaseback of the property. The property currently is vacant and buildings are secured and fenced off. Drive-by is OK. The seller is open to short-term seller financing.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$162 USD /SF

# OF UNITS

14

PRICE/UNIT

$107,143

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arbor Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,471 SF

ZONING

R-4, Phoenix

APN/PARCEL ID

159-13-012

ASK ABOUT THIS PROPERTY

R. Brent PetersenPetersen RealtyMore Info
602-410-0228

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R. Brent PetersenPetersen RealtyMore Info
602-410-0228

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