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3338 N 67th St - Turn-Key 4 Plex in Old Town Scottsdale 4 Unit Apartment Building Offered at $1,375,000 at a 3.71% Cap Rate Scottsdale, AZ 85251
Investment Highlights
- Reduced Near Term CapEx Risk
- Major Infrastrucre Work Completed
Executive Summary
Turn-key prime Old Town Scottsdale fully renovated fourplex featuring three 2-bed/1-bath units and one 1-bed/1-bath unit. Interiors offer modern updated kitchens with quartz countertops, stainless appliances, luxury vinyl plank flooring, exposed block accents, and energy-efficient windows. Each unit has a separate entry into a private gated block-wall enclosed patio with turf and drip irrigation. Dedicated 4 carport spaces and 4 uncovered guest spaces on property. Second building is a shared on-site laundry room plus a locked storage closet for each unit. Major improvements include sewer line relining and HVAC upgrades. Exceptional proximity to Old Town dining, shopping, and galleries. Fully-rented and strong rental location with long-term hold appeal.
*Seller is also offering other renovated triplex and fourplex assets in Central Phoenix. Contact Listing Agent for full offering summary, financials, rent rolls, and capital improvement details. *Do not disturb tenants. Drive-by only. All showings subject to accepted contract. Buyer to verify all facts and figures. *Owner pays water/sewer/trash and electric for laundry room (and for units in between tenants).
*Seller is also offering other renovated triplex and fourplex assets in Central Phoenix. Contact Listing Agent for full offering summary, financials, rent rolls, and capital improvement details. *Do not disturb tenants. Drive-by only. All showings subject to accepted contract. Buyer to verify all facts and figures. *Owner pays water/sewer/trash and electric for laundry room (and for units in between tenants).
Property Facts
| Price | $1,375,000 | Property Type | |
| Price Per Unit | $343,750 | Building Size | 3,200 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 3.71% | Year Built/Renovated | 1971/2019 |
| No. Units | 4 |
| Price | $1,375,000 |
| Price Per Unit | $343,750 |
| Sale Type | Investment |
| Cap Rate | 3.71% |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,200 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2019 |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
1 1
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 130-47-131 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $21,418 |
Property Taxes
Parcel Number
130-47-131
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,418
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3338 N 67th St - Turn-Key 4 Plex in Old Town Scottsdale
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