2015 E Eugie Ter | Phoenix, AZ 85022
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- LoopNet Team
2015 E Eugie Ter
Phoenix, AZ 85022
Eugie Terrace · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Consists of six spacious 2-bedroom, 1-bathroom units averaging over 700 square feet each, alongside a single family residence
- Potential for rent increases to market rates through an interior renovation program, leveraging recent updates to units
- Positioned in a thriving rental market, ideal for sustained occupancy and income stability
- Enjoyed trouble-free operations with a history of long-term tenants and continuous upkeep
- Located on a peaceful residential street in Phoenix, offering convenience to amenities, schools, employment and major transportation routes
- Opportunity to enhance cash flow and property value through proactive management and targeted upgrades
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 5,025 SF |
| Property Subtype | Apartment | Average Occupancy | 85% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1985 |
| Zoning | R-3, Phoenix - Residential | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 5,025 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1985 |
| Zoning | R-3, Phoenix - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | 717 - 900 |
PROPERTY TAXES
| Parcel Number | 166-10-056A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $19,109 |
PROPERTY TAXES
Parcel Number
166-10-056A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$19,109
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