6637 N 58th Dr
Glendale, AZ 85301
6633-6637 N 58th Drive Glendale AZ 10 Plex · Multifamily Property For Sale
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10 Units
Property Facts
| No. Units | 10 | Building Size | 7,050 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1945/2019 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | I-1 LIGHT INDUSTRIAL | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,050 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1945/2019 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | I-1 LIGHT INDUSTRIAL |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Patio
Site Amenities
- Fenced Lot
- Laundry Facilities
- Security System
About 6637 N 58TH DR , GLENDALE, AZ 85301
10.2% Cap Rate on this great 10 plex in a solid C class area. Property was just purchased, remodeled/refreshed and Hom Inc. program tenants with almost all guarantee rents now occupying the property. Home Inc. direct deposits into your account and makes this a great cash flowing long term hold. Property improvements include: new stucco exterior with window popouts, two-tone exterior paint, new interior paint, two new gas water heaters, new electrical wiring to all units, some new kitchens, new fixtures, some new lighting, new plumbing as needed, some new appliances, replaced ceilings, and roof repaired. Ceramic tile flooring make for easy turnover. Program means extremely low vacancy, as they always have another tenant waiting if there's a turn. Case manager deals with the tenants. Lease it to Hom Inc., not the tenant. All units have passed Hom Inc. inspection for occupancy. Each unit has HVAC heating and cooling. Landlord pays all utilities. Security cameras convey. Space to add washer/dryer if you wanted to increase income. Proforma is projected, as the owner has no prior history of ownership.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $727.00 | 350 |
| 1+1 | 7 | $862.00 | 700 |
| 2+1 | 2 | $1,089 | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $3,230 | Total Assessment | $32,316 |
Property Taxes
