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2520 W Mclellan Blvd
Phoenix, AZ 85017 North Phoenix

$7,150,000 USD

Apartments For Sale  •  56,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 56,500 SF
  • Lot Size 4.47 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 7.19 %
  • Zoning R-5, Phoenix
45 Transit Score
55 Walk Score

Highlights

81 Units, Built in 1972
Unit Mix: (1) Studio, (20) 1+1, (51) 2+1, (9) 3+1
64 Units: Budget-Based LIHPRHA
16 Units: Section 8 / HAP Until 2032
1 Unit: Conventional
Significant Rental Increases Approved by HUD
Cap Rate: 7.19 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Property Manager on Site
  • Washer/Dryer
  • Refrigerator
  • Oven
  • Tub/Shower
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 20 min - 13.2 mi
Phoenix-Mesa Gateway 54 min - 40.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
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