EAST TAYLOR APARTMENTS
Multifamily | 10 Units | $140,000/unit
Marketing description
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.
Investment highlights
Located within a designated Opportunity Zone, East Taylor Apartments is a well-positioned 10-unit multifamily investment opportunity in the East Side submarket of Phoenix. Originally constructed in 1964, the property has benefited from extensive improvements under both current and prior ownership, offering investors a stabilized asset with continued upside potential.
Strategically located near Phoenix Sky Harbor International Airport, the property is supported by several major economic drivers, including education, leisure and hospitality, and financial services employment sectors. Significant capital improvements include a like-new roof, fully refinished exterior, and updated interior units designed to meet the needs of today’s tenant base.
The property also maintains a strong working relationship with HOM Inc., providing consistent rental demand, reliable income, and a more hands-off ownership experience through streamlined leasing and tenant placement support.
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