2021 W Washington St - Apartments FOR SALE


Phoenix, AZ 85009- Capitol
$800,000 USD
602-566-7203
2021 W Washington St, Phoenix, AZ for Sale
$800,000 USD
Apartments - FOR SALE
1/44
null | Request Cap Rate

2021 W Washington St
Phoenix, AZ 85009
Capitol


HIGHLIGHTS

  • 4,144 SF building
  • Built in 1931
  • Zoned R-3
  • Prime Phoenix location in Historic District
  • Room for Additional Units

OVERVIEW

Discover an exceptional opportunity within this historic 4,144 SF building, comprising 7 units and featuring timeless architectural elegance. Originally constructed in 1931, this property presents a unique blend of character and modern potential, ideally suited for the discerning Office Building investor. Zoned R-3, it offers versatility in use and development. Situated in a prime Phoenix location, this property perfectly aligns with the city's thriving commercial landscape, making it a compelling investment prospect. Astutely positioned for future growth and poised to accommodate a range of business ventures, this property exudes endless potential in the dynamic Phoenix market. Immerse your business in the vibrant pulse of Phoenix's West Washington Street area. Discover a strategic location with exceptional access to key transit routes and a flourishing commercial landscape. Nearby, the Phoenix Convention Center stands as a beacon of industry connectivity, while the lively Downtown district offers an array of dining, retail, and recreational opportunities. Embrace the proximity to prominent corporate neighbors, fostering an environment of success and growth. Engage with the local community and tap into the energy of this dynamic urban hub, a compelling proposition for discerning Office Building investors seeking to position themselves at the heart of Phoenix's commercial dynamism.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-3

APN/PARCEL ID

109-49-101A

ASK ABOUT THIS PROPERTY

Dana HearonSPERRY-Insignia CREMore Info
602-566-7203

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Dana HearonSPERRY-Insignia CREMore Info
602-566-7203

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