845 N 2nd Ave | Phoenix, AZ 85003
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- LoopNet Team
845 N 2nd Ave
Phoenix, AZ 85003
Historic Westminster · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Dynamic Downtown Phoenix – Roosevelt Row Location with High Barriers to Entry
- Charming Boutique Community Located Within the Roosevelt Historic District Surrounded by Museums and Galleries
- High Demand Rental Market with Strong Fundamentals (Submarket Average Rent Is 24% Greater than the Metro Average)
- Current Rents are Below Market with the Ability to Immediately Increase Current Lease Rates
- Proximity to Interstate-10, the Metro Light Rail Stop Located at Central Avenue and Roosevelt Road and Directly Across the Street from T. Hance Park
- Major Area Employers Include Phoenix Children's Hospital, Banner Health, JPMorgan Chase Bank, Bank of America, Maricopa Integrated Health Systems
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 13,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1913 |
| Building Class | B | ||
| Zoning | DTC-E-ROO - Downtown Commercial | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 13,200 SF |
| No. Stories | 2 |
| Year Built | 1913 |
| Zoning | DTC-E-ROO - Downtown Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Freezer
- Patio
SITE AMENITIES
- Laundry Facilities
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $8,692 | Total Assessment | $89,403 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,692
Improvements Assessment
$0
Total Assessment
$89,403
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