Listed by Fenix CRE
$1,250,000
Dunlap Flats
Details
APN 160-02-066-A
Property Type Multifamily
Sub Type Apartment Building
Units 5
NOI $66,666
Occupancy 100%
Year Renovated 2024
Stories 1
Investment Type Stabilized
Multifamily | 5 Units
Marketing description
Dunlap Flats, a renovated 5-unit apartment building located in North Central Phoenix is now available to purchase. All 5-1BR units have been renovated fully top to bottom with top finishes. Expenses are low and the new owner will have the opportunity to lease out the container as storage or to convert to another unit. Zoned R-4, this site is entitled to have ~9-units which also has the potential to add more value. Located in the Sunnyslope neighborhood of North Central Phoenix, this property is close to healthcare, retail, award-winning restaurants, and phenomenal schools.
Listing Contacts
Listed by Fenix CRE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,666.00
$5,555.50/mo
Valuation Metrics
0
DSCR
5.33%
Cap Rate
5.33%
ROI
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