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17420256
17420257

3805 E Monterey Wy, Phoenix, AZ 85018

SC
AZ SA673848000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix
$9,250,000
764 days on market
Updated 89 days ago

Alameda Villas - Seller Financing Available

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 27,350
Units 15
Cap Rate 6.00%
NOI $516,426
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 7
Stories 2
Acreage 0.960
Zoning r-3
Investment Type Stabilized

Multifamily | 15 Units | $616,667/unit

Marketing description

Alameda Villas presents a new construction boutique townhome community consisting of 15 three-bedroom, two-and-a-half-bath floor plans. Each unit offers spaciousness and thoughtful design, averaging at 1,825 square feet.

Experience the ease of residing in this friendly community, where you're mere moments from premier eateries, educational institutions, and retail choices. Alameda Villas Townhomes offer a convenient and comfortable lifestyle nestled in the vibrant heart of Phoenix's Arcadia Corridor.

Investment highlights

Fifteen brand new construction units in Arcadia.

Premium interior finishes including: quartz countertops, LG stainless steel appliances, custom cabinets, and 10 foot ceilings.

Close proximity to premier dining and entertainment.

Listing Contacts

SC
AZ SA673848000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$516,426.00
$43,035.50/mo

Valuation Metrics

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DSCR
5.58%
Cap Rate
5.58%
ROI

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