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1510 N 48th St
Phoenix, AZ 85008
New Horizons · Multifamily Property For Sale · 51 Units

Investment Highlights

  • 3.70% Fixed Rate Assumable Financing Due in 2031
  • Value-Add/Revenue Enhancement Opportunity
  • Excellent Access to High Volume Traffic Corridors
  • 100% Large Two-Bedroom/Two-Bath Floor Plans with Private Patios
  • Significant Mark-to-Market and Loss-to-Lease Potential

Property Facts

No. Units 51
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.39 AC
Building Size 48,450 SF
No. Stories 3
Year Built/Renovated 1985/2016
Zoning R4-A - residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Quartz Countertops

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Gated
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 51 - 950

Property Taxes

Property Taxes

Parcel Number
125-14-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$189,206
  • Listing ID: 31954701

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 1510 N 48th St, Phoenix, AZ 85008

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