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Deer Valley Townhomes 21818 N Miller Rd 9 Unit Apartment Building $9,450,000 ($1,050,000/Unit) 4.60% Cap Rate Scottsdale, AZ 85255

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EXECUTIVE SUMMARY

$850,000 per unit. The Deer valley Townhomes are a magnificent set of 9 modern, energy efficient, luxury townhomes in the heart of North Scottsdale. This package is offered as 9 finished units ready for occupancy. The project is 5 minutes to the 101 Freeway and thousands of jobs in the Scottsdale Airpark. These 9 units are estimated to generate over $31,500 per month in rental income. The project is due for completion in may 2024.

PROPERTY FACTS

Price $9,450,000
Price Per Unit $1,050,000
Sale Type Investment
Cap Rate 4.60%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 1.60 AC
Construction Status Proposed
Building Size 18,083 SF
No. Stories 2
Zoning Multi-Family - Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+3 9 - 1,628 - 1,921

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
212-02-010E
Land Assessment
$108,666
Improvements Assessment
$0
Total Assessment
$108,666
  • Listing ID: 28222789

  • Date on Market: 4/13/2023

  • Last Updated:

  • Address: 21818 N Miller Rd, Scottsdale, AZ 85255

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