6340 North 16th Street
Phoenix, AZ 85016 ·
117 Units · Multifamily For Sale
|Price||N/A||Property Use Type||Investment|
|No. Units||117||Cap Rate||5.92%|
|Building Size||50,186 SF||Year Built||1969|
|Property Type||Multifamily||Lot Size||2.17 AC|
|Property Sub-type||Garden/Low-Rise||APN / Parcel ID||161-09-002|
|Listing ID: 14701518||Date Created: 07/12/2006||Last Updated: 08/29/2006|
Built in 1969, Bridgewater is made of block construction with flat roofs and is master-metered for electricity. The community is comprised of five, two-and-one-half-story buildings and is situated on approximately 2.17 acres. The property offers a unit mix of (86) studios and (30) onebedroom
floor plans. Unit amenities include walk-in closets, mini-blinds and frost-free refrigerators. Community
amenities include lush mature landscaping, a sparkling swimming pool, on-site laundry facility, barbecue area, security patrol and ample parking. Current ownership has recently repiped the chillers and made improvements to the mechanical equipment.
Bridgewater is a 117-unit, garden-style apartment complex located in Phoenix, AZ, one of the fastest growing cities in the U.S. The subject property is located on 16th Street, a major north/south arterial just south of Maryland Avenue. This ideal location is north of the Camelback Corridor, an area known for its major employers, shopping, fine dining, high quality commercial and residential development, as well as the Arizona Biltmore Fashion Park. The property's close proximity to State Route 51 and the Loop 202 provides residents easy access to Downtown Phoenix and Sky Harbor International Airport.
- Commercial Zoned (C-2)
- Outstanding Central Phoenix Neighborhood
- Recent Chiller Repipe and Mechanical Replacements
- Some Furnished Units
- Convenient Access to Major Freeways
- Full Surveillance
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