3427 Midtown is a single-story apartment community built in 1964, comprising 8 rental units. The unit mix consists of one-bedroom and two-bedroom units. Construction is of block, with pitched roofs. Heating and cooling is provided by individual roof-mounted air conditioning units. The utility costs associated with heating and cooling are the responsibility of the tenant. The property is individually-metered for electricity, and the costs associated with usage inside the dwelling units are the responsibility of the tenant. The cost of water, sewer charges, and trash collection is the responsibility of the owner. Common amenities include a manicured courtyard featuring an onsite laundry facility, stainless steel barbecue grill, custom shade sail, and seating areas, pet friendly accommodations, additional storage, keyed entry pedestrian gates and rear surface parking, plus an abundance of parking available along neighborhood streets including 12th Place. Unit amenities include stainless-steel appliance package equipped with an electric stove, refrigerators, stainless steel sinks with garbage disposal, upgraded countertops, stained concrete ûoors, and porcelain tile shower surrounds.
$1,255,000Size Upon Req.
MAJOR PRICE BREAK! Property is comprised of 41 rental spaces & units plus 1 SFR: 7 efficiency studios; 23 park-owned homes; 11 spaces with tenant-owned homes. Also has a three bedroom home/office. 12.1% cap rate & 21% cash flow to start! Paved Roads & All City Services!
Price Upon Req.18,733 SF
LevRose Commercial Real Estate, as Exclusive Advisory to the Seller, is pleased to present the opportunity to acquire the fee simple interests and associated development rights 2nd Street Square, the Project , a to be fully entitled mix use retail and residential development site situated within the amenity rich neighborhood of Old Town Scottsdale. This rare offering, for well qualified investors and developers, is for the opportunity to purchase an existing Old Town Scottsdale retail building and a parcel of land which will be sold entitled for the development of a new retail and residential mix use building. The overall property consists of approximately 22,522 square feet of land located on parcel numbers 130-13-412 & 130-13-413. Parcel 413 has an existing building, retail use, approximately 6,658 square feet freshly leased out for a term of 10 years to a nationally recognized yoga company. Parcel 412, a corner lot located on the southwest corner of 2nd Street and Scottsdale Road is currently being entitled for a three story building consisting of approximately 17,410 SF of retail and residential.
Seller open to offers! Premium 4 plex in Northeast Mesa with fantastic curb-appeal on a residential cul-de-sac. Large 1040 square foot Townhouse-style units. Now three of the four units are $850, with one long-term tenant at $725. Offered at 7+ CAP based on actual numbers with a pro-forma 8+ CAP. Each unit has 2 bedrooms and 1.5 baths. Built in 1986. Units include refrigerator, stove, dishwasher, disposal, and separate w/d area. Central air with separate tenant paid electric. Individual fenced yards. Ample parking with a carport. See the attached Offering Memorandum.
Marcus & Millichap has been retained as Exclusive Advisor for the marketing of the 120-unit Lothlorien Apartments located in Yuma, Arizona. The garden-style community offers large 1BR, 2BR and 3BR apartment homes in 18 two-story buildings. The complex was developed and completed in 1979, has been meticulously maintained and is in a superior, class 'A' location.
Great location, single level, all 2 bedroom/1 bath units, private backyards, beautiful courtyard, right across from a school. The building is in good condition, and very rarely has a vacant. There is upside potential with rents. It is located right off of 63rd Ave and Maryland. There are not many Four-Plexes of this caliber in the Phoenix area. This property is great for tenants with children and is pet friendly. It is very close to employment opportunities, shopping, entertainment, schools and neighborhood parks.
A beautiful property and solid performer in Central Phoenix! This is truly a keeper asset: solid construction in a great area with long term stable occupancy. You will love the low maintenance and low vacancy. Your tenants will love the spacious units and proximity to everything: award winning restaurants and employers are just a stone' s throw away. So are the hip Phoenix arts districts. Plenty of parking and onsite laundry are also amenities attractive to tenants. Past rehab consisted of new landscaping, ceramic tile flooring, new appliances, painted exterior/interior, upgraded bathrooms. The tenants will appreciate the large secure courtyards, and the close proximity to the Phoenix Canal System. You simply can' t find this kind of location at this price!
Cherry Park Studios is a completely renovated, nouveau industrial, 42-bedroom 17-unit, boutique student housing community. CPS boasts a high quality of income through the pairing of large suites, an exceedingly high bed/bath parity of 90% and per bed leases with parent co-guarantors.
Summer Cove Apartments is a pride of ownership, multifamily apartment community. Built in 1969 of single-story, block construction, the building is comprised of individual metering for electricity. The property was extensively renovated in 2015. Summer Cove has spacious one- and two-bedroom units, and is currently 100% occupied. Commercial financing is available at a low 3.75% rate for qualified investors.