2101 W Heatherbrae Dr - Apartments FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$750,000 USD
602-851-7677
2101 W Heatherbrae Dr, Phoenix, AZ for Sale
$750,000 USD
Apartments - FOR SALE
1/14
null | 7.76% Cap Rate

2101 W Heatherbrae Dr
Phoenix, AZ 85015
Midtown Phoenix


OVERVIEW

Newly renovated fourplex in West-Central Phoenix, ideal for investors seeking a stabilized asset with minimal maintenance. Each of the four 2BD/1BA units (approx. 700 SF) has been tastefully updated with modern finishes, new flooring, stainless steel appliances, and in-unit washer/dryer. Property improvements include new landscaping with turf and drip system, upgraded parking, new gates, security cameras, and water heaters. Sitting on a 12,332 SF R-3 zoned lot, the property offers strong curb appeal and excellent functionality. Three units are occupied with one available—offering flexibility for an owner-occupant or to achieve market rent. Prime location near the I-17 freeway, Grand Canyon University, and major employment hubs.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

7.76%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,332 SF

ZONING

R-3

APN/PARCEL ID

154-29-053C

ASK ABOUT THIS PROPERTY

Blake MalleryCOMPASSMore Info
602-851-7677

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Blake MalleryCOMPASSMore Info
602-851-7677

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