8530 N 22nd Ave - Apartments FOR SALE


Phoenix, AZ 85021- Metrocenter
$95,000,000 USD
858-251-9643
8530 N 22nd Ave, Phoenix, AZ for Sale
$95,000,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

8530 N 22nd Ave
Phoenix, AZ 85021
Metrocenter


HIGHLIGHTS

  • Multifamily property featuring luxurious amenities and an unbeatable location within an Opportunity Zone in North Phoenix
  • On-site resort-style amenities include two pools with cabanas, business center and clubhouse with coffee bar and patio
  • Property consists of studio, one-, two- and three-bedroom unit types, ranging from 394-1,179 SF.
  • Excellent commuter access to I-17, Highway 51, and the Metro Light Rail

OVERVIEW

Multifamily property featuring luxurious amenities and an unbeatable location within an Opportunity Zone in North Phoenix Property consists of studio, one-, two- and three-bedroom unit types, at $319,500 per unit, ranging from 394-1,179 SF. On-site resort-style amenities include two pools with cabanas, business center and clubhouse with coffee bar and patio Excellent commuter access to I-17, Highway 51, and the Metro Light Rail.

FOR SALE DETAILS

PRICE

$95,000,000 USD

PRICE/SF

$487 USD /SF

# OF UNITS

266

PRICE/UNIT

$357,143

CAP RATE

Request Cap Rate

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sanctuary On 22nd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

236

LAND DETAILS

LAND ACRES

10.13 AC

LAND SF

441,263 SF

ZONING

M-H

APN/PARCEL ID

158-05-020,158-05-021,158-05-022

ASK ABOUT THIS PROPERTY

Natasha AlexanderLone Star State Alexander Capital, LLCMore Info
858-251-9643

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Natasha AlexanderLone Star State Alexander Capital, LLCMore Info
858-251-9643

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