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4722 E Bell Rd
Phoenix, AZ 85032
Celia · Multifamily Property For Sale · 582 Units

INVESTMENT HIGHLIGHTS

  • Rare opportunity to acquire one of only four complexes in Phoenix that consists of over 500 units.
  • Collect your Net Operating Income at $5,150,000 annually.
  • Strategically located within a short drive of Scottsdale, providing residents an affordable experience next to high-end communities.
  • Current occupancy sits at 97%, the property is 98.2% leased.
  • Amenities: Tennis Court, Dog park, Badminton Court, Ping Pong Room, Gym, Pool, Jacuzzi, Clubhouse, Picnic Area, Playground, Sundeck
  • Crime-free complex that includes a 24-hour security patrol.

PROPERTY FACTS

No. Units 582
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 17.01 AC
Building Size 315,222 SF
Average Occupancy 95%
No. Stories 3
Year Built/Renovated 1985/2018
Parking Ratio 2.45/1,000 SF
Zoning R-4A

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Business Center
  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Property Manager on Site
  • Spa
  • Tennis Court
  • Basketball Court
  • Grill
  • Racquetball Court
  • Storage Space
  • Lounge
  • Maintenance on site
  • Sundeck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 528 - -
2+1 54 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
215-18-001B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,759,799
  • Listing ID: 19803868

  • Date on Market: 6/5/2020

  • Last Updated:

  • Address: 4722 E Bell Rd, Phoenix, AZ 85032

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