Historical Multifamily Sale Listing - Geronimo

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Geronimo

802 W. Maryland Avenue, Phoenix, AZ 85013

N/A

28 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
28
Building Size:
20,104 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
No. Stories:
1
Year Built:
1964
Lot Size:
2.29 SF
APN / Parcel ID:
156-25-084C, D, E, F, G, H, J
Listing ID
16801598
Last Updated
over 1 year ago

Highlights

  • Irreplaceable North Central Corridor Location
  • Great unit mix
  • Individual electric meters
  • Block construction / Pitched roofs

Description

Geronimo Apartments is a single-story apartment community built in 1964, comprising 28 rental units. The unit mix is approximately 15% one-bedroom and 85% two-bedroom units. Construction is of block, with pitched composite shingle roofs. Heating and cooling is provided by individual roof-mounted air
conditioning units. The property is individually-metered for electricity, and the costs associated with usage inside the dwelling units is the responsibility of the residents. The cost of water, sewer charges, and trash collection is the responsibility of the property owner.

Common amenities include a swimming pool, an on-site laundry facility, outdoor barbeque areas, and parking spaces along the east side of the property, in addition to the attached carports dedicated to each unit. Unit amenities include gas stoves, microwave ovens, attached storage units, and washer-dryers in select units.

The 13 buildings of Geronimo Apartments are constructed on seven rectangular sites comprising approximately 2.29 acres, at a density of 12.23 units per acre.

Geronimo Apartments is located at 802 W. Maryland Avenue in Phoenix, Arizona. The property is situated one block west of 7th Avenue, a major north-south thoroughfare running through Phoenix. The immediate neighborhood can best be described as an upper-middle class. Significant demand generators are
situated in the vicinity of the property, and include parks, churches, public schools, and shopping centers. Major retail centers in close proximity are: Biltmore Fashion Park, Colonnade Shopping Center, and Town and Country Shopping Center offering residents convenient access to big-box anchors including Best Buy, Macy' s, AMC Theaters, and Fry' s Food Grocery Store. Geronimo Apartments is also convenient to public transportation, with bus service provided along 7th Avenue and METRO light rail along 19th Avenue, one mile to the west.

The area immediately surrounding Geronimo Apartments is comprised of a wide range of property uses, but is primarily residential in composition. Madison Meadows Elementary School and the First Christian Church are situated within walking distance of Geronimo Apartments.

Map of 802 W. Maryland Avenue, Phoenix, AZ 85013 (Maricopa County)

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