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
3710 E McDowell Rd
Phoenix, AZ 85008
Papago View Apartments · Multifamily Property For Sale
·
50 Units
PROPERTY FACTS
| No. Units | 50 | Building Size | 27,815 SF |
| Property Type | Multifamily | Average Occupancy | 84% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 1.04 AC | ||
| Zoning | R-5, Phoenix | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.04 AC |
| Building Size | 27,815 SF |
| Average Occupancy | 84% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | R-5, Phoenix |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Tile Floors
- Refrigerator
- Oven
- Range
- Window Coverings
SITE AMENITIES
- Laundry Facilities
ABOUT 3710 E MCDOWELL RD , PHOENIX, AZ 85008
Papago View Apartments is a 50 unit garden-style apartment community located in Phoenix, Arizona. The community is situated just west of Scottsdale and within 2 miles of the prestigious Arcadia neighborhood of Phoenix. The Arcadia Crossing Power Center is about 5 minutes away with anchor tenants Fry’s Grocery, Target, Costco, Petco along with numerous restaurants and independent shops. Papago View is centrally located off McDowell road, just west of 40th Street, 6 minutes north of the Loop 202 freeway and Sky Harbor International Airport. This location allows residents immediate access to multiple economic and demand centers including Downtown Phoenix, Downtown Tempe/ASU, Camelback Corridor, Downtown Scottsdale and Papago Park recreation area. This strategic location allows Papago View to capture residents from multiple commerce hubs as opposed to relying on a single submarket. The community offers an investor a value-add opportunity to renovate the classic interiors. The exterior of the community has been well kept and offers the opportunity to update the exterior paint, landscape and signage. Current rents are below market. By updating the community, a new owner should look to improve occupancy and increase rental rates.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | - | 495 |
| 1+1 | 39 | - | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $20,431 | Total Assessment | $139,014 |
PROPERTY TAXES
