This property is Off-Market

802 W. Maryland Avenue
Phoenix, AZ 85013 ·

28 Units · Multifamily For Sale

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Geronimo

Price N/A Property Use Type Investment
No. Units 28 No. Stories 1
Building Size 20,104 SF Year Built 1964
Property Type Multifamily Lot Size 2.29 SF
Property Sub-type Garden/Low-Rise APN / Parcel ID 156-25-084C, D, E, F, G, H, J
Listing ID: 16801598 Date Created: 08/17/2010 Last Updated: 02/28/2011

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.

Highlights

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

Research

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

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