Commercial 33
Listed by Commercial 33
$2,190,000
2340 W Coolidge
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,899
Units 12
Cap Rate 5.46%
NOI $119,560
Occupancy 100%
Price per SqFt $277
Class C
Year Built 1966
Year Renovated 2024
Buildings 11
Stories 1
Lot Size (SqFt) 3,650
Zoning R-3
Investment Type Stabilized
Ownership Fee Simple
Multifamily | 12 Units | $182,500/unit
Marketing description
Perfectly suited for the savvy Multifamily / Low-Rise/Garden investor, this prime property at
2340 W Coolidge, Phoenix, AZ, boasts a 7,899 SF building comprised of 12 units, all
currently at 100% occupancy. Built in 1966 and zoned R-3, this investment opportunity
offers a solid and stable income stream with potential for future value appreciation. With its
convenient location in the Phoenix area, this property presents an ideal prospect for
investors looking to capitalize on the flourishing market for multifamily real estate.
Listing Contacts
Commercial 33
Listed by Commercial 33
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,560.00
$9,963.33/mo
Valuation Metrics
0
DSCR
5.46%
Cap Rate
5.46%
ROI
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