954 W Mohave St - Apartments FOR SALE


Phoenix, AZ 85007
$200,000 USD
602-319-1326
954 W Mohave St, Phoenix, AZ for Sale
$200,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

954 W Mohave St
Phoenix, AZ 85007


HIGHLIGHTS

  • 954 W Mohave Street presents an immense value-add, ready-for-rehabilitation fourplex asset.
  • Set in the Sonoran Desert just south of Downtown Phoenix, a residential realm catering to immense rental demand.
  • Ready for demolition per the Neighborhood Services Department, this bank-owned asset is ideal for an investor/ developer to start from scratch.
  • The buyer will acquire the property subject to the violation and must prepare new value-add plans.

OVERVIEW

Welcome to the upside opportunity at 954 W Mohave Street, just south of Downtown Phoenix. The four-plex building is 100% vacant and subject to demolition per the Neighborhood Services Department. This enables new plans to be executed on the 0.24-acre parcel that is also a part of Phoenix’s Opportunity Zone, presenting further incentives from the city to rehabilitate the plot and cater to the city’s renter demands. The property is entirely fenced-in and equipped with satellite dishes ready to reactivate when re-occupied.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

7

PRICE/UNIT

$28,571

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

1937

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,254 SF

ZONING

M-M

APN/PARCEL ID

105-34-081B

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.