3060 Grand Ave - Apartments FOR SALE


Phoenix, AZ 85017
$1,200,000 USD
480-433-5792
3060 Grand Ave, Phoenix, AZ for Sale
$1,200,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

3060 Grand Ave
Phoenix, AZ 85017


OVERVIEW

Excellent investment opportunity! This 14-unit, garden-style property, built in 1946, offers a promising investment opportunity. The unit mix includes (9) Studio, (5) 1-bed/1-bath units The property presents a significant value-add opportunity, vacant interiors that are ready for renovation. The location is advantageous right on US 60/Grand with easy access to I-10, I-17, and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix, it's just minutes from Phoenix Sky Harbor Airport. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. The property has deferred maintenance and needs a full remodel but a great value at this list price. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

12

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,490 SF

ZONING

-

APN/PARCEL ID

108-04-003H

ASK ABOUT THIS PROPERTY

Joseph MahoneyJM Realty LLCMore Info
480-433-5792

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Joseph MahoneyJM Realty LLCMore Info
480-433-5792

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