This property is Off-Market

2302 N. 27th Street
Phoenix, AZ 85008 ·

55 Units · Multifamily For Sale

N/A

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OAKDALE TOWNHOMES- HIGH LEVERAGE OPPORTUNITY!!!

Price N/A Cap Rate 6.90%
No. Units 55 Occupancy 100%
Building Size 47,300 SF No. Stories 2
Property Type Multifamily Year Built 1963
Property Sub-type
Garden/Low-Rise
More...
  • Mid/High-Rise
Lot Size 1.95 AC
Property Use Type Investment
Listing ID: 16709903 Date Created: 06/03/2010 Last Updated: 01/04/2011

Description

This high leverage opportunity allows an investor to come in with very little down and obtain a stabilized community that is close to or at 100% occupancy. The property was built with solid block construction in 1963 with many recent renovations completed including new roofs, new roof mounted HVAC units, and other upgrades. Comprised of 7 buildings, the community has a diverse unit mix with spacious units. The property has large courtyards and mature landscaping throughout with community BBQ areas. Each unit is individually metered for electricity and some units come with private balcony/patios attached. There is full covered parking, an on-site leasing office, and
two community coin operated laundry facilities.

Oakdale Townhomes are located in East Central Phoenix at 2302 N. 27th Street in Phoenix, Arizona. This central location is ideal for access to the 51 Highway, Interstate 10, and the loop 202. Also within 2 miles of the Phoenix Sky Harbor Airport. Close proximity to shopping, dining and enterainment with the Biltmore Fashion Center, Downtown Phoenix, Downtown Scottsdale, and Downtown Tempe all within a short radius from the property.

Highlights

  • High Leverage Opportunity--Contact Broker for Details
  • Stabilized Property At or Close to 100% Occupancy
  • Individually Metered For Electricity, Solid Block Construction, Pitched Roofs
  • Numerous Renovations & Upgrades Made--New Roofs & HVAC Units
  • Private Balconies or Patios in Select Units
  • Full Covered Parking, 2 Coin Operated Laundry Facilities

Research

2302 N. 27th Street, Phoenix, AZ 85008 (Maricopa County)

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