67 E ROANOKE AVE, PHOENIX, AZ
Multi-family for Sale - $3,350,000 - 12,000 Sq. Ft. on 0.54 acres
Property Info
| CIMLS# | 920723 |
| Location 67 E ROANOKE AVE PHOENIX AZ 85004 | |
| Updated | August 6th, 2017 |
| Type | Multi-family |
| Price | $3,350,000 |
| Building | 12,000 Sq. Ft. |
| Land | 0.54 acres |
Property Description
De Novo on Roanoke is a two level, mid-century modern, multifamily community originally built in 1960, fully reconstructed in 2016. De Novo on Roanoke is literally brand new construction in the heart of Central Phoenix with over one million dollars in capital improvements. The strategic repositioning of this asset is clearly measured through extensive interior & exterior renovations showing a true pride of ownership. Extensive capital infusion has succeeded in the ownership
Financials
Sales Info:
>> Cap rate: 7.75%
>> Commision split: 50.0%
>> NOI: $259563