11830 N 28th Dr - Apartments FOR SALE


Phoenix, AZ 85029- North Mountain
$6,900,000 USD
480-255-7327
11830 N 28th Dr, Phoenix, AZ for Sale
$6,900,000 USD
Apartments - FOR SALE
1/31
null | 5.6% Cap Rate

11830 N 28th Dr
Phoenix, AZ 85029
North Mountain


HIGHLIGHTS

  • Luxurious Townhome Complex
  • Lots of natural light

OVERVIEW

UNDER CONSTRUCTION - PROJECTED COMPLETION LATE SPRING 2025! Gated Townhome Complex, 12 4bd/3bth trilevel, 2215sf units on a 35,482sf lot. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ADA). 26,400 net rentable area of property on nearly an acre! Most recent appraisal at $7.7 late 2023 as finished and stabilized! Owner would consider selling unfinished for buyer to have opportunity to finish project to their preferences.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

12

PRICE/UNIT

$575,000

CAP RATE

5.6%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apex Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C1

APN/PARCEL ID

149-63-720

ASK ABOUT THIS PROPERTY

Teo CupesPrestige Realty, Inc.More Info
480-255-7327

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Teo CupesPrestige Realty, Inc.More Info
480-255-7327

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