Description
Northwest Apartments is centrally located just West of downtown Phoenix. Two 4 plex's on separate parcels but need to be sold together. 3123 and 3121 W Almeria. The sale price per 4 plex is $600,000 each. $1,200,000 include includes two parcels: 108-26-107C and 108-26-108C. There are eight uncovered spaces plus ample street parking. All units are one bedroom one bath units and current rental rates are averaging 850 but room to raise to 950. Current proforma cap with raised rents are 5.5 cap. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.
Map
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