This Multifamily Property is no longer advertised on LoopNet.com.

2940 N 40th St
Phoenix, AZ 85018
Urban Falls (3.75% Rate in Year 1 - 3,2,1) · Multifamily Property For Sale · 27 Units

Investment Highlights

  • Arcadia Submarket
  • Low Density Lot
  • Stainless Steel Appliances
  • Condo Mapped, w/ Private Backyards
  • Modern Cabinetry
  • Quartz Countertops

Property Facts

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.88 AC
Building Size 21,651 SF
Average Occupancy 96%
No. Stories 1
Year Built 1963
Parking Ratio 1.94/1,000 SF
Zoning R-3, Phoenix

Amenities

Unit Amenities

  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Stainless Steel Appliances
  • Yard
  • Double Pane Windows
  • Vinyl Flooring

Site Amenities

  • Picnic Area
  • Pool
  • Gated
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - 654
2+1 2 - 798
2+2 13 - 870
3+2 2 - 1,103

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 127-21-173
  • 127-21-174
  • 127-21-182
  • 127-21-167
  • 127-21-181
  • 127-21-157
  • 127-21-163
  • 127-21-164
  • 127-21-180
  • 127-21-179
  • 127-21-165
  • 127-21-171
  • 127-21-175
  • 127-21-169
  • 127-21-170
  • 127-21-159
  • 127-21-160
  • 127-21-162
  • 127-21-176
  • 127-21-156
  • 127-21-155
  • 127-21-177
  • 127-21-178
  • 127-21-166
  • 127-21-172
  • 127-21-158
  • 127-21-161
  • 127-21-168
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$83,233
  • Listing ID: 31652897

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 2940 N 40th St, Phoenix, AZ 85018

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