Excellent Location, between the Phoenix Light Rail and I-17 Freeway. This property offers a great opportunity to reposition, raise rents, and build quick equity. Six of the units have private backyards, and some have private covered parking. There might be an opportunity to build extra units on the parcel. This property is also set up perfect for transitional housing. The property has excellent occupancy stability, and has a great tenant base. There are not many properties in the Phoenix market that have have multiple upside opportunities. This one will not be on the market long!
- Number of units: 10
- Price per unit: $ 74,900
- Unit mix: 1 2-BED/1-BATH, 9 1-BED/1-BATH
- Rentable sq. footage: 5911 sq ft
- Number of buildings: 4
- Number of stories: 1
- Zoned: R1-6