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1534 W Osborn Rd 8 Unit Apartment Building $2,600,000 ($325,000/Unit) Phoenix, AZ 85015
INVESTMENT HIGHLIGHTS
- Eco-friendly features like LED lighting, low-water-use landscaping, new AC’s and energy-efficient appliances.
- Unique luxury design elements in each unit attract guest looking for bespoke interiors.
- Guest Amenities - Communal lounge areas, putting green, gas fire pit, gas grill.
- Integrated smart home features, high-speed fiber optic internet, and security cameras.
- Gated Community - Enhanced security and exclusivity. Very peaceful at night.
EXECUTIVE SUMMARY
The properties located at 1534 and 1538 W Osborn Road present an outstanding investment opportunity in the short-term rental market. With robust historical financial performance, significant additional revenue potential, and strategic growth initiatives, these properties are poised to deliver strong returns for investors.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $2,600,000 | Building Class | B |
| Price Per Unit | $325,000 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 4,828 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1953/2023 |
| Apartment Style | Garden | Parking Ratio | 2.07/1,000 SF |
| Zoning | M-H - manufactured housing | ||
| Price | $2,600,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 4,828 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2023 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | M-H - manufactured housing |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Wi-Fi
- Yard
- Grill
- Coffee System
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Garden
- Island Kitchen
- Lawn
- Linen Closet
- Pantry
- Patio
- Porch
- Smoke Free
- Window Coverings
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Gated
- Furnished Units Available
- Grill
- Gas Range
- Pet Play Area
- Putting Greens
- Smoke Free
- Wi-Fi
- Storage Space
- Lounge
- Zen Garden
- Green Community
- Fiber Optic Internet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 600 |
| 1+1 | 2 | - | 650 |
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 110-15-091 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,476 |
PROPERTY TAXES
Parcel Number
110-15-091
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,476
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1534 W Osborn Rd
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