Property Listing No Longer Available for Sale

4117 N 15th Ave, Phoenix, AZ

Multi-family for Sale - $1,050,000 - 22,380 Sq. Ft. on 31363 acres


Property Info

CIMLS#729489
Location
  4117 N 15th Ave
  Phoenix AZ 85013
UpdatedJune 30th, 2015
TypeMulti-family
Price$1,050,000
Building22,380 Sq. Ft.
Land31363 acres

Property Description

La Villa was built in 1973 with concrete block construction and flat roofs. The property consists of 2 three-story, garden style rental buildings on a 0.72 acre lot. There are 18 one-bedroom units and 12 two-bedroom, two-bath units totaling approximately 22,380 rentable square feet. The property is master-metered for utilities.

Location Description:

La Villa is an ideally located property at 15th Avenue and Indian School. It is close to many anchored retails centers including the Christown Spectrum Mall and provides multiple transportation routes to the Valley


Financials

Sales Info:

>> Cap rate: 7.69%

>> Commision split: 3.0%

>> NOI: $80780


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