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2011 N 51st St
Phoenix, AZ 85008
Tropicana Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Exceptional Location
- Strong Step-in Income with Value-add upside
- Great Income Demographic and Employment Base
- Multiple New Development Projects Inprocess on 51st St
- Low Cost, Easy to Operate Property
Property Facts
| No. Units | 20 | Lot Size | 1.29 AC |
| Property Type | Multifamily | Building Size | 14,960 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1979/2020 |
| Zoning | R-3, Phoenix | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 14,960 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1979/2020 |
| Zoning | R-3, Phoenix |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $888.00 | 350 |
| 1+1 | 16 | $1,031 | 700 |
| 2+1 | 2 | $1,710 | 855 |
| 3+2 | 1 | $2,000 | 1,650 |
Property Taxes
| Parcel Number | 126-21-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $70,238 |
Property Taxes
Parcel Number
126-21-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$70,238
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