Courtesy of: James C Stephens, Better Homes & Gardens Real Estate SJ Fowler, cstephens@ccim.net
Courtesy of: James C Stephens, Better Homes & Gardens Real Estate SJ Fowler, cstephens@ccim.net
$1,699,000
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3 bed
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3.00 Bath (3 Full)
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Other
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$1,699,000
5035 N 23RD Avenue Uptown PHX 9-unit complex spread out over close to a 25, 000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122, 000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250, 000 in renovations just a few years ago.
Courtesy of: James C Stephens, Better Homes & Gardens Real Estate SJ Fowler, cstephens@ccim.net
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