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

The property was previously used to provide transitional housing for adults. In 2024 a re-zoning to a PUD was completed in anticipation of doing a redevelopment to a 40 unit community/4-story apartment building, which the owner was not able to start when the anticipated funding fell through. The listing agent can provide more details and information upon request. Due to the previous use of the property, the property did have below market rents and any operating income and expenses are not reliable and would not be an indication of past performance.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$258 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

1.03 AC

LAND SF

44,867 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.