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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


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 | Apartment Style | Townhome |
| Price Per Unit | $1,050,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.60 AC |
| Cap Rate | 4.60% | Construction Status | Proposed |
| No. Units | 9 | Building Size | 18,083 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | ||
| Zoning | Multi-Family - Multi-Family | ||
| 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 |
1 1
PROPERTY TAXES
| Parcel Number | 212-02-010E | Improvements Assessment | $0 |
| Land Assessment | $108,666 | Total Assessment | $108,666 |
PROPERTY TAXES
Parcel Number
212-02-010E
Land Assessment
$108,666
Improvements Assessment
$0
Total Assessment
$108,666
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Deer Valley Townhomes | 21818 N Miller Rd
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