Historical Multifamily Sale Listing - Camelback Vista

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Camelback Vista

2930 W. Camelback Road, Phoenix, AZ 85017

N/A

201 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
201
Building Size:
95,610 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.74%
Gross Rent Multiplier:
5.08
No. Stories:
2
Year Built:
1978
Lot Size:
4.68 AC
Listing ID
16032658
Last Updated
over 1 year ago

Highlights

  • Value Added Opportunity
  • Great Frontage on Camelback Road
  • Low Price per Unit - $33,955
  • 1978 Block Construction
  • Gated Community
  • Swimming Pools, Tennis and Basketball Courts

Description

Camelback Vista is a 201-unit apartment community with great street frontage on Camelback Road and is located just west of 27th Avenue. The property is nestled among mature landscaping on approximately 4.68 acres. Tenants select from studio and one bedroom / one bathroom floor plans. Community Amenities include two swimming pools and barbecue areas, as well as the basketball and tennis courts; giving residents the opportunity to enjoy a park-like setting. Additional amenities include covered parking, laundry facilities and security access gates.

Camelback Vista offers an investor the opportunity to purchase an under-performing asset with great street frontage along Camelback Road at a low price per unit.

Please contact listing agents regarding assumable financing.

Little Canyon Park and Cielito Park are in close proximity to the property and offer an area for fun and recreation. The Grand Canyon University is within one-half mile from the property and offers a wide array of educational programs. Major Employers in the area are Phoenix College, Phoenix Baptist Hospital, Wal-Mart, Shasta Industries and Blue Cross Blue Shield.

Map of 2930 W. Camelback Road, Phoenix, AZ 85017 (Maricopa County)

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