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7113-7117 N 54th Ave 6 Unit Apartment Building $1,185,000 ($197,500/Unit) 4.81% Cap Rate Glendale, AZ 85301
Investment Highlights
- Location near Major Employers and Schools
- Busy Area
- Prime Rental Market
- Central Location
Executive Summary
Opportunity knocks in Glendale! This 6-unit multifamily features spacious with strong cash flow and tons of upside. With a little TLC, there's big value to unlock. Located near major employers, schools, and Westgate—this is prime positioning in a hot rental market. Cash flow now. Add value later. Win both ways.
Property Facts
| Price | $1,185,000 | Building Class | C |
| Price Per Unit | $197,500 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 4,930 SF |
| Cap Rate | 4.81% | No. Stories | 1 |
| No. Units | 6 | Year Built | 1919 |
| Property Type | Multifamily | Parking Ratio | 2.43/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - Multi-Family Residential | ||
| Price | $1,185,000 |
| Price Per Unit | $197,500 |
| Sale Type | Investment |
| Cap Rate | 4.81% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 4,930 SF |
| No. Stories | 1 |
| Year Built | 1919 |
| Parking Ratio | 2.43/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Multi-Family Residential |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,257 | Total Assessment | $18,933 |
Property Taxes
Parcel Numbers
Land Assessment
$2,257
Improvements Assessment
$0
Total Assessment
$18,933
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7113-7117 N 54th Ave
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