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4711 N 15th Ave 5 Unit Apartment Building $850,000 ($170,000/Unit) 3.48% Cap Rate Phoenix, AZ 85015

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Investment Highlights

Fully occupied triplex with stable in-place income
Located in central Phoenix, near major retail corridors, schools, and employment centers
Additional revenue: utility reimbursements, laundry income, pet rent/admin fees, renewal fees

Significant value-add opportunity with path toward increased density and future development potential
Strong central Phoenix infill location with access to schools, parks, and retail corridors

4711 N 15th ave_26-04-012 OM

Property Facts

Price	$850,000	Building Class	C
Price Per Unit	$170,000	Lot Size	0.22 AC
Sale Type	Investment	Building Size	2,034 SF
Cap Rate	3.48%	No. Stories	1
No. Units	5	Year Built/Renovated	1957/2020
Property Type	Multifamily	Parking Ratio	1.47/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	R-4

Price	$850,000
Price Per Unit	$170,000
Sale Type	Investment
Cap Rate	3.48%
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.22 AC
Building Size	2,034 SF
No. Stories	1
Year Built/Renovated	1957/2020
Parking Ratio	1.47/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-4