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San Juan Apartments 602-606 E San Juan Ave 8 Unit Apartment Building $1,650,000 ($206,250/Unit) Phoenix, AZ 85012
Executive Summary
Property Description
This property is a small, boutique-style multifamily community commonly known as San Juan Apartments. Originally constructed in 1948, the property reflects classic mid-century Phoenix architecture with thoughtful updates.
Property is single story and divided into 2 buildings – 4 units each. Clay roofing / shingles ensures a lasting quality. 3 enclosed garages and 3 carports, along with ample storage for everyone. The unit mix is two-2 bedroom/1 bath, and six- 1 bedroom/1 bath.
Finally, the property has shared courtyard providing a quiet, communal outdoor space, covered and/or assigned parking with some garage spaces with well-maintained landscaping and common areas.Location
Description
This 8-Plex is near 7th St and Missouri, walking distance to the hot "Foodie Area" of Phoenix. It is next store to The Yard, Stock and Stable Restaurant and so many more. This area is one of the city’s most established and sought-after infill neighborhoods, known for blending historic residential charm with modern urban amenities.
The neighborhood offers a walkable, lifestyle-oriented environment with immediate access to some of Central Phoenix’s most popular dining and retail destinations along 7th Street and Central Avenue.The neighborhood offers a walkable, lifestyle-oriented environment with immediate access to some of Central Phoenix’s most popular dining and retail destinations along 7th Street and Central Avenue. Shared courtyard providing a quiet, communal outdoor space.
This property is a small, boutique-style multifamily community commonly known as San Juan Apartments. Originally constructed in 1948, the property reflects classic mid-century Phoenix architecture with thoughtful updates.
Property is single story and divided into 2 buildings – 4 units each. Clay roofing / shingles ensures a lasting quality. 3 enclosed garages and 3 carports, along with ample storage for everyone. The unit mix is two-2 bedroom/1 bath, and six- 1 bedroom/1 bath.
Finally, the property has shared courtyard providing a quiet, communal outdoor space, covered and/or assigned parking with some garage spaces with well-maintained landscaping and common areas.Location
Description
This 8-Plex is near 7th St and Missouri, walking distance to the hot "Foodie Area" of Phoenix. It is next store to The Yard, Stock and Stable Restaurant and so many more. This area is one of the city’s most established and sought-after infill neighborhoods, known for blending historic residential charm with modern urban amenities.
The neighborhood offers a walkable, lifestyle-oriented environment with immediate access to some of Central Phoenix’s most popular dining and retail destinations along 7th Street and Central Avenue.The neighborhood offers a walkable, lifestyle-oriented environment with immediate access to some of Central Phoenix’s most popular dining and retail destinations along 7th Street and Central Avenue. Shared courtyard providing a quiet, communal outdoor space.
Property Facts
| Price | $1,650,000 | Building Class | C |
| Price Per Unit | $206,250 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,950 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1948 |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - Residential | ||
| Price | $1,650,000 |
| Price Per Unit | $206,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,950 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1948 |
| Zoning | R-3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 467 |
| 2+1 | 2 | $1,595 | 723 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $52,941 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$52,941
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San Juan Apartments | 602-606 E San Juan Ave
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