3239 E Van Buren St - Apartments FOR SALE


Phoenix, AZ 85008- East Side
$1,372,000 USD
602-319-1326
3239 E Van Buren St, Phoenix, AZ for Sale
$1,372,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3239 E Van Buren St
Phoenix, AZ 85008
East Side


HIGHLIGHTS

  • Recent partial renovations, providing an opportunity for an investor to put their finishing touches on
  • Proximity to I-10 / I-17 / 202 East / State Route 143
  • Walking distance from light rail stop, and close to many medical and academic institutions

OVERVIEW

This opportunity consists of 14 bank-owned studio units located near the southeast corner of 32nd St and E Van Buren St. The units are currently partially renovated some with new gas ranges, new tile flooring, new window unit A/C systems, and new shaker cabinets, though many have yet to be installed. Utilities, gas, and electric are all master-metered. This is an excellent opportunity for an investor to complete the ongoing renovations and transform this REO asset into a thriving housing community.

FOR SALE DETAILS

PRICE

$1,372,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

14

PRICE/UNIT

$98,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,373 SF

ZONING

C-G

APN/PARCEL ID

121-18-010

ASK ABOUT THIS PROPERTY

Jake ViceROI Properties, LLCMore Info
602-319-1326

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

Jake ViceROI Properties, LLCMore Info
602-319-1326

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