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16437 N 31st St
Phoenix, AZ 85032 Paradise Valley North

$12,000,000 USD

Apartments For Sale  •  58,521 SF

Property Details

  • Property Type Apartments
  • Total Building Size 58,325 SF
  • Lot Size 3.05 AC
  • Building Class C
  • Year Built 1985
30 Transit Score
50 Walk Score

Highlights

80 Total Units, Completed in 1985
Majority Two-Bedroom Unit Types (75%), 729 SF Weighted Average
Individually Metered for Electricity & Individual HVAC's / Hot Water Heaters
Value-Add Opportunity (Only Five Units With Washer / Dryer Hook-Ups & Appliances)
Long-Term Ownership Since 2017
Offered All Cash / New Loan or Assumption of Fannie Mae Loan, ~$6.4M Current Loan Balance, 3.04% Interest Rate, Maturing in June 2030

Property Flyers

Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Pool
  • Heating
  • Grill
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 26 min - 17.6 mi
Phoenix-Mesa Gateway 60 min - 44.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 52
Type: Surface
Included in Rent: Yes
Alon Shnitzer 602-714-1283 ABI Multifamily
Alon Shnitzer 602-714-1283 ABI Multifamily