1538 W Osborn Rd - Apartments FOR SALE


Phoenix, AZ 85015
$3,295,000 USD
602-652-2749
1538 W Osborn Rd, Phoenix, AZ for Sale
$3,295,000 USD
Apartments - FOR SALE
1/116
null | 10.16% Cap Rate

1538 W Osborn Rd
Phoenix, AZ 85015


HIGHLIGHTS

  • Luxury Renovations and High-End Finishes ($1mm plus reno)The property has been fully renovated with modern and stylish updates throughout all units
  • Stunning Outdoor Amenities and Courtyard
  • Prime Location with Excellent Accessibility
  • Fully Furnished, Ready-to-Rent Units
  • The property has consistently generated strong revenue

OVERVIEW

Prime Investment Opportunity: Fully Renovated Luxury Boutique Property in Midtown Phoenix Introducing Ash & Ko Boutique Lodging, a rare and exclusive investment opportunity located in the heart of Midtown Phoenix. This meticulously renovated, fully operational boutique multifamily offers 8 luxury units, each professionally designed and furnished to cater to the growing demand for short-term and corporate rentals. With turnkey income-generating potential and prime positioning in one of Phoenix’s most desirable neighborhoods, this property is a high-yielding asset ideal for investors seeking both immediate returns and long-term appreciation. Flexible Usage: The property’s luxury design and strategic location make it ideal for short-term rentals, corporate retreats, and long-term leases. With its unique blend of modern amenities, high-end finishes, and excellent location, it caters to a wide range of guests, from professionals to vacationers, ensuring high occupancy rates and sustained profitability. Why Invest in Ash & Ko Boutique Lodging? Immediate Cash Flow: Proven income generation from short-term rental platforms, with significant growth potential. Turnkey Investment: Fully renovated and furnished, with luxury amenities and minimal upfront costs for new ownership. High Occupancy & Strong Cap Rates: neighborhood occupancy and favorable cap rates make this a secure, high-yielding investment. Location & Growth: Positioned in one of Phoenix’s fastest-growing real estate markets, surrounded by key attractions, business hubs, and top-tier amenities.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$682 USD /SF

# OF UNITS

8

PRICE/UNIT

$411,875

CAP RATE

10.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ASH&KO

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

M-H

APN/PARCEL ID

110-15-091

ASK ABOUT THIS PROPERTY

Arman ShieldsMy Home GroupMore Info
602-652-2749

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Arman ShieldsMy Home GroupMore Info
602-652-2749

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