12800 N Saguaro Blvd - Apartments FOR SALE


Fountain Hills, AZ 85268
$9,200,000 USD
602-687-6782
12800 N Saguaro Blvd, Fountain Hills, AZ for Sale
$9,200,000 USD
Apartments - FOR SALE
1/7
null | 5% Cap Rate

12800 N Saguaro Blvd
Fountain Hills, AZ 85268


HIGHLIGHTS

  • 46-unit multifamily property located in scenic Fountain Hills

OVERVIEW

Marcus & Millichap is pleased to announce the opportunity to acquire Level 3 Apartments, a 46-unit multifamily community located in the scenic Fountain Hills submarket.? Directly east of North Scottsdale, the property is located in the heart of Fountain Hills, across the street from the famous Fountain Park, on the third floor of Fountain Park Hotel By Best Western Signature Collection.? This listing does not include the hotel.? The 58-key hotel is currently listed through Marcus & Millichap for $8,500,000.? With separate community areas, laundry facilities, clubhouse, fitness center, pool, and storage units for each tenant, this property combines the luxury-feeling of hotel living with the comfort of home.? With direct accessibility to Shea Boulevard and the Beeline Highway, commuting tenants are minutes from Scottsdale, Mesa, and east Phoenix.? Major employers in the area include the Scottsdale Mayo Clinic campus, We-Ko-Pa Casino Resort and Golf Club, and Falcon Field Airport.?

FOR SALE DETAILS

PRICE

$9,200,000 USD

PRICE/SF

$433 USD /SF

# OF UNITS

46

PRICE/UNIT

$200,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Level 3 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.21 AC

LAND SF

139,828 SF

ZONING

C-2

APN/PARCEL ID

176-25-560

ASK ABOUT THIS PROPERTY

Rich ButlerButler Apartment GroupMore Info
602-687-6782

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Rich ButlerButler Apartment GroupMore Info
602-687-6782

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