7430-7448 N 43rd Dr - Apartments FOR SALE


Glendale, AZ 85301- Westside
$4,300,000 USD
602-320-8126
7430-7448 N 43rd Dr, Glendale, AZ for Sale
$4,300,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

7430-7448 N 43rd Dr
Glendale, AZ 85301
Westside


OVERVIEW

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

20

PRICE/UNIT

$215,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concept at 43rd Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

82

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

R-3, Glendale

APN/PARCEL ID

147-07-004,147-07-008,147-07-011,147-07-012,147-07-017,147-07-025,147-07-051,147-07-057,147-07-058,147-07-059,147-07-062,147-07-065,147-07-066,147-07-067,147-07-068,147-07-070,147-07-072,147-07-074,147-07-077,147-07-078,147-07-129

ASK ABOUT THIS PROPERTY

Paul BayMarcus & MillichapMore Info
602-320-8126

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

Paul BayMarcus & MillichapMore Info
602-320-8126

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