$ 525,000

9618 N 5th St | Phoenix, AZ 85020
  • Status:
  • Units: 6
  • Year built: 1991
  • Lot size: .31 acres
  • # of Buildings: 1
  • # of Stories: 1
  • Unit mix: All 1 Bed / 1 Bath

Description

GPCI Multifamily is pleased to offer for sale SIX ON FIFTH, a 6 unit newer constructed asset in the foothills of Phoenix’s North Mountain Preserve. SIX ON FIFTH is centrally located in a convenient North Phoenix neighborhood near employment, bus lines, and schools. John C Lincoln Hospital, Walmart, Sunnyslope Elementary School, North Mountain Brewery, and mountain hiking trails are all just steps or blocks away. On a corner lot with nearby mountain views, this asset features spacious 1-bed/1-bath units. Each unit has an en suite washer/dryer and select units have a gated patio entry. The units are all individually metered for electric and have tile floors throughout. The property has ample off street parking and a beautiful common picnic area. The property is fully occupied and can be operated with easy rent increases as it is, or as a value add play with unit upgrades and even greater rent increases. It is positioned to enjoy the growth of this dynamic North Central neighborhood of Phoenix.

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