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1106 & 1110 S Montezuma Ave 1106 S Montezuma Ave 4 Unit Apartment Building $1,200,000 ($300,000/Unit) 4.82% Cap Rate Phoenix, AZ 85003
Investment Highlights
- (4) 2-Bedroom Units, Built in 2021
- (4) 2-Car Garages
- Downtown Phoenix – ±1.9 Miles
- Average Unit Size: ±550 SF
- Central City Submarket
- Key Employment Centers
Executive Summary
Broker of Record
David Harrington
License # B.1003120.CORP (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
David Harrington
License # B.1003120.CORP (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
| Price | $1,200,000 | Building Class | B |
| Price Per Unit | $300,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,200 SF |
| Cap Rate | 4.82% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | M-H | ||
| Price | $1,200,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 4.82% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Opportunity Zone |
Yes |
| Zoning | M-H |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 112-17-164 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $16,466 |
Property Taxes
Parcel Number
112-17-164
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,466
Contacts
-
Sara Kuglin -
Brad Skenderian -
Kyle Inman -
Matthews Real Estate Investment Services
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Videos
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Photos
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Map
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1106 & 1110 S Montezuma Ave | 1106 S Montezuma Ave
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