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2503 E Clarendon Ave
Phoenix, AZ 85016
Clarendon Arms · Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.49 AC
Building Size 10,200 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1960/2018
Parking Ratio 2.35/1,000 SF
Zoning R-4, Phoenix

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Oven

SITE AMENITIES

  • Laundry Facilities
  • Picnic Area
  • Pool

ABOUT 2503 E CLARENDON AVE , PHOENIX, AZ 85016

Prime Opportunity in Biltmore Corridor. Clarendon 12 features 12 units - All 2 Bed / 1 bath 801 Sq Ft. This Two-story 12 unit building has coin-op laundry, bbqs, picnic area with paver patio and a community pool. Over the past 20 months the owner has done hundreds of thousands of dollars in remodeling and property improvements. Individually metered for electric and gas. Clarendon 12 is in one of the hottest real estate markets in the Valley of the Sun. With tremendous employment, retail, entertainment and dining nearby and its close proximity to freeways and downtown, this is an area that will continue in growth and revitalization. There is still room to raise rents here. Figures stated are actual. Look under docs for a proforma comparison. 2503 to 2549 E Clarendon is available as a package of 24 units for $3.9M MLS# 5891936

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 12 $950.00 801

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 119-05-061
  • 119-05-053
Land Assessment
$3,010
Improvements Assessment
$0
Total Assessment
$44,310
  • Listing ID: 15706627

  • Date on Market: 4/11/2019

  • Last Updated:

  • Address: 2503 E Clarendon Ave, Phoenix, AZ 85016

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