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11850 N 19th Ave
Phoenix, AZ 85029
Towers on 19th · Multifamily Property For Sale · 128 Units
PROPERTY FACTS
| No. Units | 128 | Building Size | 100,000 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1985/2017 |
| Building Class | C | Parking Ratio | 4.08/1,000 SF |
| Lot Size | 2.97 AC |
| No. Units | 128 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.97 AC |
| Building Size | 100,000 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2017 |
| Parking Ratio | 4.08/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Refrigerator
- Range
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Picnic Area
- Gated
- Grill
About 11850 N 19th Ave , Phoenix, AZ 85029
Towers on 19th is a 128-unit garden-style apartment community located in the desirable north Phoenix neighborhood. The property is situated on 19th Avenue just south of Cactus Road near the North Mountain Phoenix Preserve. Built in 1985, the property is made of wood frame construction with built-up roofs and is individually-metered for electricity. The unit mix is comprised of studio, one and two-bedroom/one-bath floor plans that are extremely spacious, very well designed and range in size from ±238 to ±659 square feet. Interior unit features include fully appointed kitchens with full-size electric appliances, ceramic tile or faux wood-plank vinyl flooring, vertical blinds, fiberglass shower surrounds, ample closet space and ceiling fans. The property is situated on approximately 2.69 acres and is professionally landscaped with lush turf, mature shade trees and low maintenance desert plants. Exterior amenities include two attractive courtyards with sparkling swimming pools, picnic areas with barbecues, leasing office, on-site laundry facility, secured access gates and covered parking. Towers on 19th offers an investor a true value-add/reposition opportunity by establishing an interior/exterior upgrade program in addition to purchasing in an excellent in-fill location that has demonstrated strong effective rent growth. The asset is attractively priced below $58,000 per unit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 19 | $525.00 | 288 |
| 1+1 | 94 | $600.00 | 432 - 576 |
| 2+1 | 15 | $662.50 | 552 - 659 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $9,814 | Total Assessment | $304,014 |
PROPERTY TAXES
zoning
| Zoning Code | R-5, Phoenix |
| R-5, Phoenix |
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