1714 N 32nd St - Apartments FOR SALE


Phoenix, AZ 85008- East Side
$1,150,000 USD
480-313-3234
1714 N 32nd St, Phoenix, AZ for Sale
$1,150,000 USD
Apartments - FOR SALE
1/10
null | 6.36% Cap Rate

1714 N 32nd St
Phoenix, AZ 85008
East Side


HIGHLIGHTS

  • Fully renovated units
  • Large lot to add 1-2 additional units (R-3 Zoning)
  • New Roof installed in 2021

OVERVIEW

5 UNITS! Exceptional investment opportunity with this fully occupied five-unit complex, where each unit has been completely renovated within the last two years. Set on a vast 18,360+ SF lot zoned R-3, offers the potential to build additional units while collecting rents, presenting substantial growth opportunities. Recent updates include a new roof in 2021 and a fully renovated units. Ideally located near Biltmore, Arcadia, the 202 freeway, Sky Harbor, and Downtown Phoenix, this property is perfectly positioned for high rental demand and significant investment upside.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$409 USD /SF

# OF UNITS

5

PRICE/UNIT

$230,000

CAP RATE

6.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

M-M

APN/PARCEL ID

120-20-030A

ASK ABOUT THIS PROPERTY

Hudson RobisonReal Estate at The FirmMore Info
480-313-3234

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Hudson RobisonReal Estate at The FirmMore Info
480-313-3234

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