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822 E Carol Ave
Phoenix, AZ 85020 North Mountain

$749,000 USD

Apartments For Sale • 2,649 SF

Property Details

Property Type Apartments
Total Building Size 2,649 SF
Lot Size 0.16 AC
Building Class C
Year Built 1977
Zoning R-4

40 Transit Score

50 Walk Score

                
                    Highlights
                
                                New asphalt-shingle roof with transferable warranty.
                            
                                $749,000 asking price; four apartments at $187,250 per unit.
                            
                                Private fenced patios or yards and durable interior finishes.
                            
                                End-of-cul-de-sac location
                            
                                Market-rent pro forma: $45,727 NOI / 6.11% cap; not guaranteed.
                            
                                Normalized current underwriting: $33,573 NOI / 4.48% cap.

Property Flyers

822 E Carol-One Page Flyer

822 E Carol-Offering Memorandum

Amenities

Air Conditioning
Cable Ready
Ceiling Fans
Tile Floors
Tub/Shower
Patio
Porch

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	24 min	-	13.0 mi
Phoenix-Mesa Gateway	58 min	-	40.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Linda Gerchick 602-688-9279 Gerchick Real Estate

822 E Carol Ave Phoenix, AZ 85020 North Mountain