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1435 East Taylor St
Phoenix, AZ 85006 Garfield

$7,650,000 USD

Apartments For Sale  •  21,700 SF

Property Details

  • Property Type Apartments
  • Total Building Size 21,700 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2026
  • Zoning MF
50 Transit Score
60 Walk Score

Highlights

31-Unit Multifamily Community Builtin 2026 in Phoenix's Garfield District
Pro Forma Cap Rate of 5.50% with Year 1 NOI of $421,196
Current 2-Bedrooom Rents ~$358 Below Comparable Downtown Product — Significant Upside
Modern Interiors with In-Suite Washer/Dryer, Quartz Countertops, and Smart Home Features
Low Price Per Unit for New Construction Comparables
Located Near Downtown Phoenix, Roosevelt Row Arts District, and ASU Downtown Campus

Public Transportation

Transit/SubwayDriveWalkDistance
12th St/Washington (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 3 min 16 min 0.8 mi
12th St/Jefferson (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 10 min - 4.3 mi
Phoenix-Mesa Gateway 44 min - 31.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brad Skenderian 949-533-5594 Matthews Real Estate Investment Services
Brad Skenderian 949-533-5594 Matthews Real Estate Investment Services