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710 E Palm Ln
Phoenix, AZ 85006
Palm Lane Apartments · Multifamily Property For Sale
·
12 Units
Investment Highlights
- $500,000 worth of improvements since 2018 with renovations completed in 2021
- Coin Laundry On Site
- 8,500 SF of Undeveloped Land Included in Sale on Same Tax Parcel
- Fantastic location near Roosevelt Row
- Located within the Coronado Historic District
Property Facts
| No. Units | 12 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 11,520 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1961/2021 |
| Zoning | C-1/R-3 - To the west of the current buildings there is 8,500 SF of undeveloped land, If zoning is changed to R-4, an additional 5 units could be built. | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.58 AC |
| Building Size | 11,520 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2021 |
| Zoning | C-1/R-3 - To the west of the current buildings there is 8,500 SF of undeveloped land, If zoning is changed to R-4, an additional 5 units could be built. |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 380 - 550 |
| 1+1 | 4 | - | 575 |
| 2+1 | 3 | - | 750 |
Property Taxes
| Parcel Number | 117-31-120A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $69,438 |
Property Taxes
Parcel Number
117-31-120A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$69,438
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