Listed by CBRE - Phoenix
$2,873,000
Central Park Villas
Details
APN 155-17-063
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,200
Net Rentable (SqFt) 7,200
Units 10
Cap Rate 6%
NOI $172,335
Occupancy 100%
Price per SqFt $399
Broker Co-Op Yes
Class B
Year Built 1966
Year Renovated 2020
Acreage 0.670
Zoning R-4
Investment Type Core
Ownership Fee Simple
Central Park Villas - 10 Fully Renovated units located in midtown central Phoenix
Investment highlights
In Suite Washer & Dryers all Units
Spacious floor plans averaging 720 SqFt
Single story garden style brick construction with pitched roofs
Individual metered and individual HVAC units
Located in midtown Phoenix adjacent to Indian School Park
New kitchens and bathrooms with stainless steel appliances, quarts countertops, tiled backsplashes and tub surrounds, new custom made cabinetry
Mature landscaping and plentiful greenspace
Covered parking
Listing Contacts
Listed by CBRE - Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$172,335.00
$14,361.25/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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