This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3610 N 27th St
Phoenix, AZ 85016
27th Street Apartments · Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
Renovated in 2016, this fully occupied 7-unit property is enveloped by mature landscaping and shade trees.Built w/sturdy block construction, there are 4 1-bedroom, 1-bath units, 2 2-bedroom, 1-bath units & 1 two-bedroom, 2-bath unit. Nestled away from street noise, each unit includes a carport, extra parking, and storage spaces.This is an excellent investment opportunity to acquire a cash-flowing 7-unit complex in one of Phoenix's most sought-after rental markets, boasting a strong 7.8% cap rate at the listing price.Each unit is equipped with essential appliances (stove,fridge,dishwasher) ensuring convenience for every resident.The centrally located bldg within the complex features 2 leased washers & dryers, conveniently operated by coin or credit card,providing hassle-free access for all
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,701 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1955/2016 |
| Apartment Style | Garden | Parking Ratio | 2.77/1,000 SF |
| Building Class | C | APN / Parcel ID | 119-06-054 |
| Lot Size | 0.56 AC | ||
| Zoning | R-3, Phoenix | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 4,701 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2016 |
| Parking Ratio | 2.77/1,000 SF |
| APN / Parcel ID | 119-06-054 |
| Zoning | R-3, Phoenix |
AMENITIES
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 576 |
| 2+1 | 2 | - | 733 |
| 2+2 | 1 | - | 931 |
