Steelyard Apartments 1810 N 16th St 12 Unit Apartment Building $3,200,000 ($266,667/Unit) Phoenix, AZ 85006

ABI Multifamily is pleased to announce the exclusive availability of the Steelyard Apartments, a 12-unit apartment community located at 1810 North 16th Street in Phoenix, AZ. The property is situated minutes from Downtown Phoenix and is tucked away in the highly sought-after Coronado Historic District. The property provides excellent visibility from 16th Street and is situated within walking distance to a boutique corridor of retail along McDowell Road, made famous among Phoenicians in the 1950’s, known as “The Miracle Mile on McDowell”. With multiple freeway access points and entertainment options in the immediate area, Steelyard truly is in the heart of it all.

The property was built in 1950 and is constructed from red-brick and includes a unit mix of (1) studio, (10) one-bedroom / one-bathroom apartments, and (1) two-bedroom / one-bathroom apartments with all units being outfitted with an in-suite washer & dryer. Beyond the private gates of the community, residents are greeted by the modern rustic charm that can be felt throughout the interior and exterior of the property. Interior features include stained concrete floors, high ceilings, exposed ducts & beams, and spacious floorplans. Complementing the timeless red-brick charm of Steelyard, the secluded courtyard features a number of community amenities including a bocce ball court, barbeque, custom steel wood chiminea, and more.

The Steelyard Apartments provides a truly unique opportunity that both the investor and residents are sure to enjoy for years to come.