Value-add 7 Units At Central And Camelback

$ 1,020,000

  • Date added: 03/26/18
  • Status:

Description

A rare rental property located right at Camelback and Central Ave. Walking distance to one of the hottest entertainment areas in Phoenix. This is one of the only properties in the area available for purchase. The complex has had many upgrades and always stays full. There is a beautiful landscaped courtyard in the middle of the complex, extra storage and covered parking in the back, and shared backyard areas. All of the interiors have there own unique style, leaning towards the Retro Look. In todays exciting rental market, this property offers many different options to a buyer, each one providing great returns and upside.

Property Summary

  • Number of units: 7
  • Price per unit: $ 145,714
  • Unit mix: 1 2-BED/2-BATH, 1 2-BED/1-BATH, 5 1-BED/1-BATH
  • Rentable sq. footage: 5745 sq ft
  • Lot size: 20037 sq ft
  • Number of buildings: 2
  • Number of stories: 1