2601 E Paradise Ln - Apartments FOR SALE
Phoenix, AZ 85032 |
2601 E Paradise Ln
Phoenix, AZ 85032
HIGHLIGHTS
- Cash Cow N. Phoenix compound on close to a 1 acre lot. Potential 10+ CAP property for the crafty operator. OM available.
- Three buildings, six units. Used as a rooming house currently with an emphasis on sober living. Market rents only.
- Four units are 1 bedroom/1 bathoom averaging 588 sf +/-. Huge duplex of 4433 sf +/- + 1498 pool room. Close to 7000 tsf!
- Value-add with lots of possibilities. The 35480 sf lot could allow for additional units or additions. Adaptive use options.
- Nicely gentrifying area with newer construction next door. This is more of a compound than your basic cookie cutter building.
- Unfinished pool/rec area that opens up to a huge courtyard. All finished sf has HVAC, except for a rec room with evap.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6785
STORIES
2
YEAR BUILT
1984
PARKING SPACES
16
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
214-40-022D
