2015 E Eugie Ter - Apartments FOR SALE


Phoenix, AZ 85022- North Mountain
$1,325,000 USD
602-616-3234
2015 E Eugie Ter, Phoenix, AZ for Sale
$1,325,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

2015 E Eugie Ter
Phoenix, AZ 85022
North Mountain


OVERVIEW

THIS 7-UNIT PROPERTY BOASTS A FULLY RENOVATED INTERIOR AND IN-UNIT WASHERS AND DRYERS IN EVERY RESIDENCE, DELIVERING A TRULY TURN-KEY INVESTMENT IN THE HEART OF NORTH PHOENIX. SITUATED IN THE ESTABLISHED NORTH MOUNTAIN SUBMARKET, THE AREA CONTINUES TO BENEFIT FROM SUSTAINED POPULATION GROWTH AND STRONG DEMAND FOR QUALITY RENTAL HOUSING. WITH A UNIFORM 2-BEDROOM/1-BATHROOM UNIT MIX, 100% OCCUPANCY, AND A PROVEN HISTORY OF LONG-TERM TENANCY, THIS PROPERTY STANDS OUT AS AN EXCEPTIONAL STABILIZED INVESTMENT ALREADY GENERATING CONSISTENT CASH FLOW.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

7

PRICE/UNIT

$189,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eugie Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R-3, Phoenix

APN/PARCEL ID

166-10-056A

ASK ABOUT THIS PROPERTY

Derek HildebrandtORION Investment Real EstateMore Info
602-616-3234

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Derek HildebrandtORION Investment Real EstateMore Info
602-616-3234

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