6544 N 59th Dr - Apartments FOR SALE


Glendale, AZ 85301- Westside
$800,000 USD
480-323-6072
6544 N 59th Dr, Glendale, AZ for Sale
$800,000 USD
Apartments - FOR SALE
1/10
null | 5.4% Cap Rate

6544 N 59th Dr
Glendale, AZ 85301
Westside


HIGHLIGHTS

  • 6544 N 59th Drive is an opportunity to capitalize on a cash-flowing fourplex asset with two-bedroom, one-bath units and recent renovations.
  • Walkable to Downtown Glendale, home to local amenities such as the Glendale Glitters festival, The Black Sheep, La Perla, and Papa Ed's Ice Cream.
  • Find impressive stainless-steel appliances, modern flooring, granite countertops, individually controlled HVAC, repaved parking spaces, and new roof.
  • Close to Grand Avenue, residents appreciate the seamless access to the valley's major travel arteries of Interstates 15 and 10 and the 101 Freeway.

OVERVIEW

6544 N 59th Drive is a fully leased, exceptional fourplex comprising 2,754 square feet in Glendale, Arizona. This garden-style apartment complex has a unit mix of four two-bedroom, one-bath units with recent upgrades to the roof, décor, and fixtures. All units sport stainless steel appliances, granite countertops, modern ceramic tile and concrete flooring, and double-pane windows. The parking lot has recently received a new concrete slab from the new owner, accommodating four tenant spaces with concrete bumpers. In a superb location close to historic Downtown Glendale, 6544 N 59th Drive is walkable to local restaurants, dining, and community events. Residents enjoy quick access to Grand Avenue, providing easy connections to all parts of the valley. Numerous public transportation options are within walking distance, including the Valley Metro Light Rail at Beardsley and 59th, less than a mile away. For those who love to travel, the Phoenix Sky Harbor International Airport is a convenient 26-minute drive from the apartment complex. 6544 N 59th Drive is surrounded by approximately 478,769 residents who live within a 5-mile radius and represent an average household income of over $64,072 annually.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

Multi Family

APN/PARCEL ID

144-11-062

ASK ABOUT THIS PROPERTY

Sarah FortinBellagio Executive Plaza GroupMore Info
480-323-6072

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Sarah FortinBellagio Executive Plaza GroupMore Info
480-323-6072

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