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Campo Bello + Signature 18 Multifamily 2 Multifamily Properties Offered at $10,170,000 in Phoenix, AZ
Investment Highlights
- Strong in-place cash flow with combined 5.70% proforma cap rate
- Value-add upside through rent repositioning
- Portfolio sale preferred; individual offers considered
- Excellent Phoenix submarket locations near major employment corridors
Executive Summary
Phoenix 2-Property Value-Add Multifamily Portfolio
The seller is offering a combined sale of two well-located Phoenix multifamily assets: Campo Bello Apartments (17444 N 32nd Street) and Signature 18 (2014 W Berridge Ln).
Together, the portfolio contains 30 units, each with proven rental upside, strong historical occupancy, and desirable in-place operations. Both properties feature desirable unit mixes, on-site parking, and proximity to major employment corridors, retail, and transit.
Buyer has the opportunity to acquire two stabilized cash-flowing buildings with additional value-add potential through interior renovations, utility optimization, and rent repositioning.
The seller’s preference is to sell the assets together as a portfolio; however, individual property offers may be considered.
Full financials, rent roll, and offering memorandum available upon request.
The seller is offering a combined sale of two well-located Phoenix multifamily assets: Campo Bello Apartments (17444 N 32nd Street) and Signature 18 (2014 W Berridge Ln).
Together, the portfolio contains 30 units, each with proven rental upside, strong historical occupancy, and desirable in-place operations. Both properties feature desirable unit mixes, on-site parking, and proximity to major employment corridors, retail, and transit.
Buyer has the opportunity to acquire two stabilized cash-flowing buildings with additional value-add potential through interior renovations, utility optimization, and rent repositioning.
The seller’s preference is to sell the assets together as a portfolio; however, individual property offers may be considered.
Full financials, rent roll, and offering memorandum available upon request.
Data Room Click Here to Access
Taxes & Operating Expenses (Pro Forma - 2025) |
Annual |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$579,612
|
Taxes & Operating Expenses (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $579,612 |
Property Facts
| Price | $10,170,000 | Number of Properties | 2 |
| Price / SF | $314.04 / SF | Individually For Sale | 1 |
| Cap Rate | 5.70% | Total Building Size | 32,384 SF |
| Sale Type | Investment | Total Land Area | 1.45 AC |
| Status | Active |
| Price | $10,170,000 |
| Price / SF | $314.04 / SF |
| Cap Rate | 5.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 32,384 SF |
| Total Land Area | 1.45 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Campo Bello Apartments
17444 N 32nd Plz, Phoenix, AZ 85032 |
Multifamily | 17,184 SF | 2022 | - |
|
Signature 18
2014 W Berridge Ln, Phoenix, AZ 85015 |
Multifamily | 15,200 SF | 1961 | $4,770,000 |
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Campo Bello + Signature 18 Multifamily
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