525 E Main St - Apartments FOR SALE


Avondale, AZ 85323- Coldwater
$949,000 USD
602-821-2430
525 E Main St, Avondale, AZ for Sale
$949,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

525 E Main St
Avondale, AZ 85323
Coldwater


OVERVIEW

Prime Mixed-use opportunity with these C-2 / R-3 parcels. 3 parcels being sold together. Parcel 500-43-178 C-2 zoned (39,929 sq ft.) / Parcel 500-53-134B (11,339 sq ft.) and Parcel 500-53-134A (11,340 sq ft.) are R-3 residential / multi-family zoned. Two occupied residences which have been fully updated this year. Two new tenants in place on new leases. Huge opportunity to build additional units. Water and power in available to all three parcels. Great street frontage and access to nearby amenities.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$807 USD /SF

# OF UNITS

3

PRICE/UNIT

$316,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

C-2.R-3

APN/PARCEL ID

500-43-178,500-53-134A,500-53-134B

ASK ABOUT THIS PROPERTY

Jeff DorstenJK RealtyMore Info
602-821-2430

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Jeff DorstenJK RealtyMore Info
602-821-2430

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