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2505 E Monroe Street, Phoenix, AZ 85034 2505-2509 E Monroe St 12 Unit Apartment Building $1,350,000 ($112,500/Unit) Phoenix, AZ 85034
INVESTMENT HIGHLIGHTS
- Central Phoenix infill area with close access to Downtown Phoenix, major freeways (I-10, I-17), and public transit
- Fire-damaged structures – ideal for value-add or redevelopment
- Building Class: C
- 12-unit multifamily redevelopment
PROPERTY FACTS
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $112,500 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 5,894 SF |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 3.22/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-4 - Apartment/Multi-Family | ||
| Price | $1,350,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 5,894 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 3.22/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4 - Apartment/Multi-Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | 500 |
| 1+1 | 3 | - | 700 |
1 1
PROPERTY TAXES
| Parcel Number | 121-63-101 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $687,520 |
PROPERTY TAXES
Parcel Number
121-63-101
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$687,520
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2505 E Monroe Street, Phoenix, AZ 85034 | 2505-2509 E Monroe St
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