1417-1421 E Roosevelt St - Apartments FOR SALE


Phoenix, AZ 85006- Garfield
$1,750,000 USD
602-714-8994
1417-1421 E Roosevelt St, Phoenix, AZ for Sale
$1,750,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1417-1421 E Roosevelt St
Phoenix, AZ 85006
Garfield


OVERVIEW

This 8-unit garden-style property, built in 1983, offers a mix of (4) one-bedroom, one-bath, and (4) two-bedroom, one-bath, each featuring a private backyard patio. With a light value-add opportunity through interior and exterior renovations, the property presents strong potential for appreciation. Individually metered for electricity, it ensures efficient utility management. Ideally situated in the sought-after Garfield Historic District, residents enjoy close proximity to Downtown Phoenix's vibrant dining and entertainment scene. The property is less than a 10-minute drive from Phoenix Sky Harbor International Airport, making it a highly desirable investment opportunity.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

8

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roosevelt Garfield Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-5

APN/PARCEL ID

116-19-119,116-19-120

ASK ABOUT THIS PROPERTY

Andrew ArambulaABI MultifamilyMore Info
602-714-8994

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Andrew ArambulaABI MultifamilyMore Info
602-714-8994

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