This Multifamily Property is no longer advertised on LoopNet.com.

5215 W Peoria Ave
Glendale, AZ 85302
Paseo 51 · Multifamily Property For Sale · 116 Units

Investment Highlights

  • 116-Unit Community, Completed in 1986
  • Individually Metered for Electric & Individual Roof Mounted HVAC’s
  • Value-Add Opportunity Through Further Interior Renovations & LTOL Burn-off
  • Mix of One (68%) & Two-Bedroom (32%) Unit Types
  • Master Boiler for Domestic Hot Water
  • Offered All Cash / New Loan

Property Facts

No. Units 116
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.07 AC
Building Size 77,606 SF
Average Occupancy 87%
No. Stories 3
Year Built 1986
Parking Ratio 2.19/1,000 SF
Zoning R-3 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Patio
  • Trash Compactor
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Business Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Spa
  • Tenant Controlled HVAC
  • Grill
  • Package Service
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 79 - -
2+2 37 - -

Property Taxes

Property Taxes

Parcel Number
148-24-004L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$525,844
  • Listing ID: 24033490

  • Date on Market: 9/3/2021

  • Last Updated:

  • Address: 5215 W Peoria Ave, Glendale, AZ 85302

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