The Hayden Apartments | 1232 N Hayden Rd
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The Hayden Apartments 1232 N Hayden Rd
11 Unit Apartment Building $3,575,000 ($325,000/Unit) 4.96% Cap Rate Scottsdale, AZ 85257
Executive Summary
We are pleased to announce an 11 on Hayden. This 11 unit complex features 1 bedroom 1 bath units. (approx. 519 sf). Upgrades spent $40,000+ sheathing/roofing, new exterior paint, patio supports, exterior doors on storage, repairs to stucco, fascia and gables. This a perfect value add asset to increase rents. Seller is motivated and will possibly carry. Bring your offer's now a hard find in great amazing location. Rents are 1300 to 1550 below market. Numbers are based on a proforma and self managed. All facts and information are approximate buyer verify MLS info.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,575,000 | Apartment Style | Garden |
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 4.96% | Building Size | 6,900 SF |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 3.15/1,000 SF |
| Price | $3,575,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 4.96% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,900 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 3.15/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 519 |
1 of 1
Walk Score ®
Very Walkable (72)
Bike Score ®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $182,249 (2025) | |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$182,249 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | R-5 (High Density Multifamily) |
| R-5 (High Density Multifamily) |
-
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The Hayden Apartments | 1232 N Hayden Rd
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