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Casa Cibola 3202-3208 N 68th St 9 Unit Apartment Building $2,280,000 ($253,333/Unit) Scottsdale, AZ 85251

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INVESTMENT HIGHLIGHTS

  • Renovations completed in 2 studio units, 1 one-bed/one-bath, and 1 two-bed/one-bath unit
  • Updated or refinished cabinets and countertop in select units
  • New flooring, window coverings and in-unit washer and dryer installations in select units
  • Excellent value-add potential for future rent growth and appreciation

EXECUTIVE SUMMARY

Kidder Mathews is proud to present Casa Cibola, a boutique 9-unit multifamily community in the heart of Old Town Scottsdale
Set within one of Scottsdale’s most historic neighborhoods, Casa Cibola blends historic charm with modern appeal, offering investors a well-located light value-add opportunity supported by strong fundamentals, walkable amenities, and lasting tenant demand.
PROPERTY HIGHLIGHTS
• Studio, one-bedroom, and two-bedroom floor plans with mid-century character
• Renovations completed in 2 studio units, 1 one-bed/one-bath, and 1 two-bed/one-bath unit
• Water-efficient common area landscaping
• New flooring and window coverings in select units
• In-unit washer and dryer installations in select units
• Updated or refinished cabinets and countertops in select units

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,280,000
Price Per Unit $253,333
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 6,204 SF
Average Occupancy 100%
No. Stories 1
Year Built 1958
Parking Ratio 1.93/1,000 SF
Zoning R-5, Scottsdale - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Tub/Shower
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - 472
1+1 2 - 500
2+1 4 - 760
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
130-09-037A
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$34,328 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38443401

  • Date on Market: 11/13/2025

  • Last Updated:

  • Address: 3202-3208 N 68th St, Scottsdale, AZ 85251

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