2223-2255 E Cactus Rd - Apartments FOR SALE


Phoenix, AZ 85022- North Mountain
$5,250,000 USD
602-687-6679
2223-2255 E Cactus Rd, Phoenix, AZ for Sale
$5,250,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

2223-2255 E Cactus Rd
Phoenix, AZ 85022
North Mountain


OVERVIEW

Two Two Cactus is a 24-unit apartment community located just west of 24th street with outstanding visibility along Cactus Road. With a centralized Phoenix location and placed less than one and a half miles from State Route 51 (SR 51), convenient access is found to a plethora of employment, lifestyle, recreational attractions and a reasonable commute to destinations valley-wide. Led by a strong employment landscape, over ±169,100 employees and ±4,700 businesses are easily accessible throughout the Deer Valley/I-17 Employment Corridors and Kierland Corridor/Scottsdale Airpark, headlined by tenants such as Vanguard, USAA, American Express, and Blue Cross Blue Shield. Additional desired destinations of Desert Ridge Marketplace, High Street, and the Paradise Valley Mall transformation provide renters a more diverse and robust lifestyle.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

24

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

1%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Two Cactus

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R-3

APN/PARCEL ID

166-26-345

ASK ABOUT THIS PROPERTY

Paul BayMarcus & MillichapMore Info
602-687-6679

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

Paul BayMarcus & MillichapMore Info
602-687-6679

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