5008 E Thomas Rd | Phoenix, AZ 85018
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- LoopNet Team
5008 E Thomas Rd
Phoenix, AZ 85018
Parq on 50th · Multifamily Property For Sale
·
155 Units
INVESTMENT HIGHLIGHTS
- 155 Total Units Completed in 1979 (50 Single-Story Units)
- Washer & Dryer in Select Units (Approximately 125 or 81% Of the Units)
- Exceptional Arcadia Location (East Phoenix)
- Individually Metered for Electric & Individual HVAC & Hot Water Heaters in Each Unit
- Value-Add Opportunity Through Continued Interior Renovations (Approximately 74 or 48% Of the Units in Partial or Non-Fully Renovated Condition)
- Offered All Cash / New Loan
PROPERTY FACTS
| No. Units | 155 | Lot Size | 5.63 AC |
| Property Type | Multifamily | Building Size | 95,796 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1979/2021 |
| Building Class | C | Parking Ratio | 2.22/1,000 SF |
| Zoning | R-5 | ||
| No. Units | 155 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.63 AC |
| Building Size | 95,796 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1979/2021 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Carpet
- Pantry
- Vinyl Flooring
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Spa
- Grill
- Package Service
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | 413 |
| 1+1 | 102 | - | 555 - 650 |
| 2+1 | 17 | - | 813 |
| 2+2 | 16 | - | 900 |
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