9201 N 12th St - Apartments FOR SALE


Phoenix, AZ 85020
$1,125,000 USD
480-787-7748
9201 N 12th St, Phoenix, AZ for Sale
$1,125,000 USD
Apartments - FOR SALE
1/5
null | 7.05% Cap Rate

9201 N 12th St
Phoenix, AZ 85020


OVERVIEW

Discover an excellent investment opportunity with this fully remodeled 7-unit apartment complex, updated in 2024. Each unit features modern finishes, ensuring appeal to quality tenants. The property includes onsite washer and dryer facilities, providing convenience for residents while generating additional revenue. All units are equipped with individual HVAC systems for optimal comfort. Units 1 and 2 have separate electrical meters, allowing tenants to cover their own utility costs, while units 3 through 7 are on a common meter, with electricity expenses currently covered by the owner. This property offers a great mix of income potential and updated amenities, making it a solid addition to your investment portfolio. Don't miss this opportunity to own a turnkey multifamily asset with excellent cash flow potential!

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$464 USD /SF

# OF UNITS

7

PRICE/UNIT

$160,714

CAP RATE

7.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,765 SF

ZONING

R-3

APN/PARCEL ID

159-34-138A

ASK ABOUT THIS PROPERTY

Julia KovalyovaRealty One Group, Inc.More Info
480-787-7748

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Julia KovalyovaRealty One Group, Inc.More Info
480-787-7748

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