Cinnabar Ranch Apartments | 1329 E Cinnabar Ave
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Cinnabar Ranch Apartments 1329 E Cinnabar Ave
5 Unit Apartment Building $850,000 ($170,000/Unit) Phoenix, AZ 85020
Executive Summary
1329 E Cinnabar Ave offers a great investment opportunity nestled in the Sunnyslope Submarket. This multifamily property has five units across four buildings and all units have private backyards. The unit mix varies from one-, two-, and three- bedroom configurations. This property is bank owned, and 100% occupied. Please contact broker for additional details.
Property Facts Under Contract
| Price | $850,000 | Building Class | C |
| Price Per Unit | $170,000 | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 4,400 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Garden | Parking Ratio | 2.73/1,000 SF |
| Price | $850,000 |
| Price Per Unit | $170,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.73/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Picnic Area
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 4+1 | 1 | - | - |
zoning
| Zoning Code | R-3 (Multifamily residence district for various living arrangements such as rentals, condominiums, and single ownership of land with multiple units.) |
| R-3 (Multifamily residence district for various living arrangements such as rentals, condominiums, and single ownership of land with multiple units.) |
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Cinnabar Ranch Apartments | 1329 E Cinnabar Ave
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