Listed by CBRE - Phoenix
$2,709,000
Missouri Apartments
Details
APN 162-15-019
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,000
Net Rentable (SqFt) 5,000
Units 10
Cap Rate 6%
NOI $162,499
Occupancy 100%
Price per SqFt $542
Broker Co-Op Yes
Class B
Year Built 1954
Year Renovated 2019
Buildings 1
Stories 1
Acreage 0.300
Zoning PAD-15
Investment Type Core
Ownership Fee Simple
Missouri Apartments - Fully renovated apartment community in uptown central Phoenix
Investment highlights
In Suite Washer & Dryers all units
Fully renovated in 2019 with new plumbing, new electrical, new roof, new HVAC units, new doors/windows and new flooring throughout
New kitchens and bathrooms with a stainless steel appliance package, quartz countertops, new custom cabinetry, tiled backsplash and tub surrounds
Located in uptown central Phoenix and close to numerous popular restaurants and entertainment venues
Ample street parking conveniently in front of the units
Frontage along Missouri Street
Listing Contacts
Listed by CBRE - Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,499.00
$13,541.58/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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