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313 W Jones Ave 20 Unit Apartment Building $1,249,900 ($62,495/Unit) Phoenix, AZ 85041

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INVESTMENT HIGHLIGHTS

CUL-DE-SAC

PRIVATE LOT

EXECUTIVE SUMMARY

Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. 313 W Jones Ave - 20 units ($1,500,000)-(9) 2 bed / 1 bath & (11) 1 bed / 1 bath. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!

PROPERTY FACTS

Price	$1,249,900	Lot Size	0.66 AC
Price Per Unit	$62,495	Building Size	8,902 SF
Sale Type	Investment	Average Occupancy	0%
Sale Conditions	Redevelopment Project REO Sale	No. Stories	1
No. Units	20	Year Built	1944
Property Type	Multifamily	Parking Ratio	4.49/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Garden
Zoning	[M-M] MULTI-FAMILY - [R-3] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus)

Price	$1,249,900
Price Per Unit	$62,495
Sale Type	Investment
Sale Conditions	Redevelopment Project REO Sale
No. Units	20
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Lot Size	0.66 AC
Building Size	8,902 SF
Average Occupancy	0%
No. Stories	1
Year Built	1944
Parking Ratio	4.49/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	[M-M] MULTI-FAMILY - [R-3] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus)