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1801 N 25th Pl 7 Unit Apartment Building $1,550,000 ($221,429/Unit) 7.20% Cap Rate Phoenix, AZ 85008
Investment Highlights
- Centrally located near Downtown Phoenix employment and entertainment districts.
- Within close proximity to retail, grocery, and dining hubs supporting strong residential demand.
- Multi-building configuration supports long-term operational flexibility and leasing stability.
- Immediate connectivity to I-10 and Loop 202, with fast access to Phoenix Sky Harbor International Airport.
- Positioned in a high-growth metro market with robust population and job expansion.
Executive Summary
7-unit multifamily property, ±5,550 SF, ±0.47-acre site (±20,393 SF), 100% occupied, private yards, covered parking, fully air conditioned, updated improvements, built in 1958, Parcel No. 120-29-048A, zoned R3.ily markets in the Southwest.
Property Facts
| Price | $1,550,000 | Building Class | C |
| Price Per Unit | $221,429 | Lot Size | 0.47 AC |
| Sale Type | Investment | Building Size | 4,850 SF |
| Cap Rate | 7.20% | No. Stories | 1 |
| No. Units | 7 | Year Built/Renovated | 1958/2022 |
| Property Type | Multifamily | Parking Ratio | 1.65/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3 - Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus) | ||
| Price | $1,550,000 |
| Price Per Unit | $221,429 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 4,850 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2022 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | R3 - Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus) |
Amenities
Unit Amenities
- Refrigerator
- Oven
- Range
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 120-29-048A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $16,663 |
Property Taxes
Parcel Number
120-29-048A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,663
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1801 N 25th Pl