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2542 W Colter St
Phoenix, AZ 85017
Venture on Colter · Multifamily Property For Sale · 123 Units

INVESTMENT HIGHLIGHTS

  • 123 Units, Originally Developed in 1974, With Recent Extensive Renovations (Over $2,000,000 in Capital Improvements)
  • Master Metered for Electricity, Domestic Hot Water, & HVACs
  • Offered All Cash / New Loan
  • Exceptional Location Across From Grand Canyon University & Easy Access to Major Transportation Corridors (I-17, I-10, & SR-60 Freeways)
  • Unit Mix Consists of Studio (48%) & One-Bedroom (52%) Unit Types
  • Available Individually or With Thom Slate on Thomas Apartments (130 Units in Phoenix, AZ)

PROPERTY FACTS

No. Units 123
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.25 AC
Building Size 46,500 SF
No. Stories 2
Year Built 1974
Parking Ratio 2.45/1,000 SF
Zoning R-5, Phoenix - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Gated
  • Furnished Units Available
  • Pet Play Area
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 59 - 300
1+1 64 - 450

PROPERTY TAXES

  • Listing ID: 29870060

  • Date on Market: 10/24/2023

  • Last Updated:

  • Address: 2542 W Colter St, Phoenix, AZ 85017