5317 N 11th St - Apartments FOR SALE


Phoenix, AZ 85014- Uptown Phoenix
$2,200,000 USD
602-802-8997
5317 N 11th St, Phoenix, AZ for Sale
$2,200,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

5317 N 11th St
Phoenix, AZ 85014
Uptown Phoenix


HIGHLIGHTS

  • Outstanding Location
  • Mid-Century 2-Bedroom, Single-Story Community
  • Competitively Priced Well Below Replacement Cost

OVERVIEW

DO NOT DISTURB TENANTS - ALL TOURS MUST BE COORDINATED THROUGH LISTING BROKER 5317 N. 11th Street, formerly known as MODE at Biltmore, consists of an 8-unit single-story apartment community entirely consisting of 2-bedroom units in the affluent Biltmore / North Central Corridor neighborhood in Phoenix, Arizona. The Property, located just southwest of 12th Street and Missouri Avenue, benefits from proximity to luxury neighborhoods, amenities and employment. + Outstanding Location + Mid-Century 2-Bedroom, Single-Story Community + Competitively Priced Well Below Replacement Cost + Professionally Managed with Consistent Ownership + Conservative In-Place Rents

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

8

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biltmore Area Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,643 SF

ZONING

-

APN/PARCEL ID

162-14-043B

ASK ABOUT THIS PROPERTY

Frank DemeterKeig Commercial Real Estate LLCMore Info
602-802-8997

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Frank DemeterKeig Commercial Real Estate LLCMore Info
602-802-8997

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