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2021 W Washington St 6 Unit Apartment Building $800,000 ($133,333/Unit) Phoenix, AZ 85009



INVESTMENT HIGHLIGHTS
- 4,144 SF building
- Zoned R-3
- Room for Additional Units
- Built in 1931
- Prime Phoenix location in Historic District
EXECUTIVE SUMMARY
Discover an exceptional opportunity within this historic 4,144 SF building, comprising 7 units and featuring timeless architectural elegance. Originally constructed in 1931, this property presents a unique blend of character and modern potential, ideally suited for the discerning Office Building investor. Zoned R-3, it offers versatility in use and development. Situated in a prime Phoenix location, this property perfectly aligns with the city's thriving commercial landscape, making it a compelling investment prospect. Astutely positioned for future growth and poised to accommodate a range of business ventures, this property exudes endless potential in the dynamic Phoenix market.
Immerse your business in the vibrant pulse of Phoenix's West Washington Street area. Discover a strategic location with exceptional access to key transit routes and a flourishing commercial landscape. Nearby, the Phoenix Convention Center stands as a beacon of industry connectivity, while the lively Downtown district offers an array of dining, retail, and recreational opportunities. Embrace the proximity to prominent corporate neighbors, fostering an environment of success and growth. Engage with the local community and tap into the energy of this dynamic urban hub, a compelling proposition for discerning Office Building investors seeking to position themselves at the heart of Phoenix's commercial dynamism.
Immerse your business in the vibrant pulse of Phoenix's West Washington Street area. Discover a strategic location with exceptional access to key transit routes and a flourishing commercial landscape. Nearby, the Phoenix Convention Center stands as a beacon of industry connectivity, while the lively Downtown district offers an array of dining, retail, and recreational opportunities. Embrace the proximity to prominent corporate neighbors, fostering an environment of success and growth. Engage with the local community and tap into the energy of this dynamic urban hub, a compelling proposition for discerning Office Building investors seeking to position themselves at the heart of Phoenix's commercial dynamism.
PROPERTY FACTS
| Price | $800,000 | Building Class | C |
| Price Per Unit | $133,333 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 4,144 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2015 |
| Apartment Style | Garden | Parking Ratio | 4.36/1,000 SF |
| Zoning | R-3 - R-3 | ||
| Price | $800,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,144 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1931/2015 |
| Parking Ratio | 4.36/1,000 SF |
| Zoning | R-3 - R-3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 - 625 |
| 2+1 | 2 | - | 725 - 775 |
| 2+2 | 1 | - | 775 |
PROPERTY TAXES
| Parcel Number | 109-49-101A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,146 |
PROPERTY TAXES
Parcel Number
109-49-101A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,146
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2021 W Washington St
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