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Aero Phoenix 2539 N 48th St 21 Unit Apartment Building $4,970,000 ($236,667/Unit) 5.60% Cap Rate Phoenix, AZ 85008
INVESTMENT HIGHLIGHTS
- Quartz Countertops
- Stainless Steel Appliances
- Tile Showers
- New Shaker Cabinets
- Wood-Style Flooring
- Garbage Disposals
EXECUTIVE SUMMARY
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
PROPERTY FACTS
| Price | $4,970,000 | Apartment Style | Low-Rise |
| Price Per Unit | $236,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.58 AC |
| Cap Rate | 5.60% | Building Size | 14,180 SF |
| No. Units | 21 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1985 |
| Price | $4,970,000 |
| Price Per Unit | $236,667 |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.58 AC |
| Building Size | 14,180 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 180 |
| 1+1 | 20 | - | 700 |
1 1
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $75,006 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$75,006
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Aero Phoenix | 2539 N 48th St
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