7625 N 12th St - Apartments FOR SALE


Phoenix, AZ 85020- North Phoenix
$2,135,000 USD
303-902-6100
7625 N 12th St, Phoenix, AZ for Sale
$2,135,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

7625 N 12th St
Phoenix, AZ 85020
North Phoenix


HIGHLIGHTS

  • Rent and Income Growth Potential
  • Boutique Turnkey Community
  • Premium Infill Location with Strong Demand
  • Within Minutes of Top Employment Centers

OVERVIEW

The View on 12th Street is a turnkey, boutique eight-unit apartment community in Phoenix’s sought-after Madison District, just minutes from Uptown Plaza, Biltmore Fashion Park, and the 7th & 16th Street corridors. Residents enjoy premier access to top dining, shopping, and entertainment. The property offers a balanced unit mix—50% one-bedrooms (600 SF) and 50% two-bedrooms (743 SF). Current rents are well below market, with comps achieving over 14% higher rents, presenting an immediate $200+ per unit monthly upside. Located in a highincome area ($152,000+ average household income within one mile), the asset offers strong fundamentals and upside through rent adjustments and operational efficiencies. Attractive DSCR financing is available, including up to 75% LTV with 10 years interest-only and 30-year fixed terms. For 1031 exchange buyers, this enables efficient use of proceeds with just 25% down, while maximizing cash flow and long-term value. The View on 12th Street pairs infill location with upside and flexible financing—an ideal fit for investors targeting stability, yield, and growth.

FOR SALE DETAILS

PRICE

$2,135,000 USD

PRICE/SF

$397 USD /SF

# OF UNITS

8

PRICE/UNIT

$266,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The View on 12th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,964 SF

ZONING

-

APN/PARCEL ID

160-22-091B

ASK ABOUT THIS PROPERTY

Nick SoloORION Investment Real EstateMore Info
303-902-6100

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Nick SoloORION Investment Real EstateMore Info
303-902-6100

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