2030 W Indian School Rd | Phoenix, AZ 85015
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2030 W Indian School Rd
Phoenix, AZ 85015
The Flats at 2030 Apartment Homes · Multifamily Property For Sale
·
237 Units
INVESTMENT HIGHLIGHTS
- 237 Units, Completed in 1971, With Select Exterior & Interior Upgrades in 2019 - 2022
- Master Metered for Electricity, Domestic Hot Water & HVAC
- Loss to Old Lease & Renovation Upside Estimated to Average Approximately $250/Unit
- Community Amenities Include: Dedicated Rental Office / Clubhouse, WiFi Cafe, Yoga Studio, Two Pools With Sundecks & Lounge Areas & Outdoor Games
- Unit Mix Consists of Studio (45%), One (54%) & Two-Bedroom (1%) Unit Types
- Located in West Phoenix Near Major Employment, Education (Grand Canyon University & Phoenix College) & Major Transportation Corridors
PROPERTY FACTS
| No. Units | 237 | Building Size | 118,800 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2018 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 4.49 AC | ||
| Zoning | R-5 | ||
| No. Units | 237 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.49 AC |
| Building Size | 118,800 SF |
| Average Occupancy | 67% |
| No. Stories | 3 |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Quartz Countertops
SITE AMENITIES
- Fitness Center
- Pool
- Tenant Controlled HVAC
- Grill
- Pet Play Area
- Lounge
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 107 | - | 400 - 410 |
| 1+1 | 128 | - | 575 |
| 2+1 | 2 | - | 700 |
PROPERTY TAXES
| Parcel Number | 154-31-016A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $487,644 |
PROPERTY TAXES
Parcel Number
154-31-016A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$487,644
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