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4309 N 13th Pl
Phoenix, AZ 85014
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Single-level, mostly block duplexes with fenced backyards
- Professionally repositioned in 2022
- Almost new roofs and HVAC’s
- Large, grassed and secure courtyard with gazebo
- On-site laundry
Executive Summary
Kings Park is an 8-unit, block-constructed, single-level apartment community with fenced backyards, an on-site laundry plus a large, grassed courtyard with a sizeable gazebo for BBQ’s and family picnics. There are seven, one-bedroom units (650-672 sf), with one large, three-bed, two-bath unit (1,040 sf). For tenants,
this offers a quiet home and easy access from two gated and secure entrances. It’s also perfect for a tenant with a small pet with the backyard, grass front, the park to the east and the AZ walking and bike canal to the south. For the owner, the roofs and HVAC’s are near new and each of the unit interiors were
professionally repositioned in 2022 with very attractive kitchens, including a high-demand gas stove.
Situated in a desirable central Phoenix neighborhood, the property is close to the iconic Biltmore Fashion Park with extensive shopping, many casual to fine dining restaurants and the Lifetime Fitness Health Club. To the east is the 7th Street Corridor, with easy access to AZ-51, the Phoenix Indian Medical
Center and some of the best boutique restaurants in town. To the west is Central Avenue with many high-rise offices, plus direct access to downtown Phoenix and the metro Light Rail. Almost adjacent to King’s Park is the high-demand Madison School District including the Madison Park Middle School, the Madison Highland Prep. and the Madison Camelview Elementary School. It is also across the street from Madison Park, which
includes pool and sports facilities, and just north of the AZ Canal bike and running path.
this offers a quiet home and easy access from two gated and secure entrances. It’s also perfect for a tenant with a small pet with the backyard, grass front, the park to the east and the AZ walking and bike canal to the south. For the owner, the roofs and HVAC’s are near new and each of the unit interiors were
professionally repositioned in 2022 with very attractive kitchens, including a high-demand gas stove.
Situated in a desirable central Phoenix neighborhood, the property is close to the iconic Biltmore Fashion Park with extensive shopping, many casual to fine dining restaurants and the Lifetime Fitness Health Club. To the east is the 7th Street Corridor, with easy access to AZ-51, the Phoenix Indian Medical
Center and some of the best boutique restaurants in town. To the west is Central Avenue with many high-rise offices, plus direct access to downtown Phoenix and the metro Light Rail. Almost adjacent to King’s Park is the high-demand Madison School District including the Madison Park Middle School, the Madison Highland Prep. and the Madison Camelview Elementary School. It is also across the street from Madison Park, which
includes pool and sports facilities, and just north of the AZ Canal bike and running path.
Property Facts
| Price Per Unit | $247,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 8 | Building Size | 5,672 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Garden | Parking Ratio | 1.59/1,000 SF |
| Zoning | M-M | ||
| Price Per Unit | $247,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 5,672 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | M-M |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,184 | 650 - 672 |
| 3+2 | 1 | $1,950 | 1,040 |
Property Taxes
| Parcel Number | 155-08-068 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $21,709 |
Property Taxes
Parcel Number
155-08-068
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,709
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