Apartments For Sale • 21,700 SF
| 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 |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| 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 |
| Airport | Drive | Walk | Distance |
| Phoenix Sky Harbor International | 10 min | - | 4.3 mi |
| Phoenix-Mesa Gateway | 44 min | - | 31.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |