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8910-8912 N 3rd St
Phoenix, AZ 85020 North Mountain

$1,750,000 USD

Apartments For Sale  •  5,200 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,200 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1945
  • Zoning R-5
60 Transit Score
60 Walk Score

Highlights

100% Occupied
Fully renovated 10-unit multifamily in Phoenix infill location
±$355,000 in total CapEx including ±$121,000 full electrical overhaul
Stabilized pro forma GPR of ±$142,800/year
De-risked future capex
Recently stabilized after ~18 months of repositioning

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Online Services
  • Freezer
  • Patio
  • Vinyl Flooring
  • Window Coverings
  • Private Bathroom
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 23 min - 13.0 mi
Phoenix-Mesa Gateway 57 min - 40.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Hudson Robison 480-313-3234 The Broker Reserve
Hudson Robison 480-313-3234 The Broker Reserve