Phoenix Airport Area 12-Unit Property — Arizona
Twelve occupied units at a disclosed 7.90% cap rate
Opportunity teaser
Four-building multifamily property in the Phoenix Airport Economic Corridor with two-bedroom units, separate utilities and redevelopment optionality.
Why it may be interesting
Stabilized occupancy, efficient utility structure and proximity to logistics and industrial employment may support durable rental demand.
Risks and open questions
Verify the exact address portfolio, rent roll, operating statements, utility responsibilities, renovation quality, zoning and redevelopment capacity, insurance and the stated cap rate and NOI.
Key figures
- Price
- $2.98M
- NOI
- $152.08K
- Cap rate
- 7.90%
- Occupancy
- 100.0%
- Units
- 12
- Square feet
- 9,180
- Asset class
- Stabilized Multifamily
- Geography
- Phoenix, Arizona
Disclosure
Curated from a public commercial-property listing. Financial, occupancy and property information is broker or owner supplied and has not been independently verified. Merge & Acquire does not represent the owner, broker or marketplace for this opportunity.