Listed by ORION Investment Real Estate
$1,325,000
Eugie Terrace Apartments
Details
APN 166-10-056A
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,142
Units 7
Price per SqFt $258
Year Built 1985
Year Renovated 2024
Lot Size (SqFt) 17,714
Multifamily | 7 Units | $189,286/unit
Marketing description
THIS 7-UNIT PROPERTY BOASTS A FULLY RENOVATED INTERIOR AND IN-UNIT WASHERS AND DRYERS IN EVERY RESIDENCE, DELIVERING A TRULY TURN-KEY INVESTMENT IN THE HEART OF NORTH PHOENIX. SITUATED IN THE ESTABLISHED NORTH MOUNTAIN SUBMARKET, THE AREA CONTINUES TO BENEFIT FROM SUSTAINED POPULATION GROWTH AND STRONG DEMAND FOR QUALITY RENTAL HOUSING. WITH A UNIFORM 2-BEDROOM/1-BATHROOM UNIT MIX, 100% OCCUPANCY, AND A PROVEN HISTORY OF LONG-TERM TENANCY, THIS PROPERTY STANDS OUT AS AN EXCEPTIONAL STABILIZED INVESTMENT ALREADY GENERATING CONSISTENT CASH FLOW.
Listing Contacts
Listed by ORION Investment Real Estate
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