2002 W Jefferson St - Apartments FOR SALE


Phoenix, AZ 85009- Capitol
$609,000 USD
602-516-4767
2002 W Jefferson St, Phoenix, AZ for Sale
$609,000 USD
Apartments - FOR SALE
1/9
null | 10.32% Cap Rate

2002 W Jefferson St
Phoenix, AZ 85009
Capitol


HIGHLIGHTS

  • Near Downtown Phoenix
  • High Cap Rate Property
  • Strong population growth projected in the immediate trade area.

OVERVIEW

Downtown Phoenix 5-Units. Tenants are all month to month. Strong in-place rent. Current Annual Gross Income $77,400 ($6,450/Month). Current condition: Functional/C-Class. Potential for investors to reposition into 7 Units and optimize cash flow. Property is sold in as-is condition. Priced accordingly for experienced investors. Buyer shall verify all facts and figures. Unit #1 - 1bd/1ba $1350, Unit #2 - 2bd/1ba $1450, Unit #3 - Studio $1,000, Unit #4 - 1bd/1ba $1100, Unit #5 - 2bd/1ba $1550, Unit #6 - Studio $900.

FOR SALE DETAILS

PRICE

$609,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

5

PRICE/UNIT

$121,800

CAP RATE

10.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jefferson St - 6 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

M-M

APN/PARCEL ID

109-49-120

ASK ABOUT THIS PROPERTY

Zach CotyCOMPASSMore Info
602-516-4767

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

Zach CotyCOMPASSMore Info
602-516-4767

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