2839 E Le Marche Ave - Apartments FOR SALE


Phoenix, AZ 85032- Paradise Valley North
$721,888 USD
480-353-0394
2839 E Le Marche Ave, Phoenix, AZ for Sale
$721,888 USD
Apartments - FOR SALE
1/4
null | 5.89% Cap Rate

2839 E Le Marche Ave
Phoenix, AZ 85032
Paradise Valley North


HIGHLIGHTS

  • All 2 Bed 2 Bath Units
  • Covered Parking
  • Gated Community

OVERVIEW

All 2 Bed/2 Bath Units!! Don't miss this opportunity!! Value add 4plex in North Central Phoenix! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: All Two bed / 2 bath units! The residents love the huge interiors and in-unit full size washers & dryers. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: sewer, trash, common area maintenance and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. HOA recently installed submeters for water billing direct to tenants!!

FOR SALE DETAILS

PRICE

$721,888 USD

PRICE/SF

$200 USD /SF

# OF UNITS

4

PRICE/UNIT

$180,472

CAP RATE

5.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Multi Family

APN/PARCEL ID

214-39-043

ASK ABOUT THIS PROPERTY

Rick HorstKeller Williams Arizona RealtyMore Info
480-353-0394

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Rick HorstKeller Williams Arizona RealtyMore Info
480-353-0394

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