Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
Property Description
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
Property Features
Cooling Information
Central Air
Multi Units
Heating Information
Electric
Water Features
Public
Parking
Paved
School Information
School Information for 2242 E TAYLOR Street, Phoenix, AZ 85006