2414-2416 W Coolidge St - Apartments FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$2,150,000 USD
240-205-3441
2414-2416 W Coolidge St, Phoenix, AZ for Sale
$2,150,000 USD
Apartments - FOR SALE
1/14
null | 6.03% Cap Rate

2414-2416 W Coolidge St
Phoenix, AZ 85015
Midtown Phoenix


HIGHLIGHTS

  • Casita Style Designed to Offer a Single Family Living Experience
  • Renovated with In-Suite Washers & Dryers, Quartz Counters, Stainless Steel Appliances, New Flooring, Tile Backsplash, Bathroom Vanities & Tub Surround
  • Perfectly Positioned East of the I-17, South of Camelback, Offering Unbeatable Access to Phoenix's Major Employment Corridors

OVERVIEW

CBRE is pleased to announce the exclusive listing of the Coolidge Casitas, a 9-unit single family-style investment opportunity in Phoenix, AZ. Coolidge Casitas presents a rare opportunity to acquire a fully renovated, boutique rental community featuring nine charming casita-style units. Designed to offer a single-family living experience, each unit has been thoughtfully updated with brand-new kitchen cabinets and countertops, stylish new flooring, upgraded bathroom vanities, fresh interior and exterior paint, and in-unit washers and dryers, enhancing both tenant appeal and operational efficiency. Originally built in 1934, the property’s durable masonry construction adds timeless character and stability. Perfectly positioned just east of the I-17 Freeway and south of Camelback Road, Coolidge Casitas offers unbeatable connectivity to Phoenix’s major transportation arteries. The property is also ideally located near Grand Canyon University, the largest Christian university in the nation with over 100,000 students, providing a strong and consistent demand for quality rental housing. With its blend of classic architecture, modern upgrades, and strategic location, Coolidge Casitas is an exceptional investment opportunity in one of Phoenix’s most dynamic rental corridors.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

9

PRICE/UNIT

$238,889

CAP RATE

6.03%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coolidge Casitas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,347 SF

ZONING

R-3

APN/PARCEL ID

154-13-041A

ASK ABOUT THIS PROPERTY

Anton LaaksoCBREMore Info
240-205-3441

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Anton LaaksoCBREMore Info
240-205-3441

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