ASH&KO | 1538 W Osborn Rd
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ASH&KO 1538 W Osborn Rd
8 Unit Apartment Building $3,295,000 ($411,875/Unit) 10.16% Cap Rate Phoenix, AZ 85015
Investment Highlights
- Luxury Renovations and High-End Finishes ($1mm plus reno)The property has been fully renovated with modern and stylish updates throughout all units
- Prime Location with Excellent Accessibility
- The property has consistently generated strong revenue
- Stunning Outdoor Amenities and Courtyard
- Fully Furnished, Ready-to-Rent Units
Executive Summary
Prime Investment Opportunity: Fully Renovated Luxury Boutique Property in Midtown Phoenix
Introducing Ash & Ko Boutique Lodging, a rare and exclusive investment opportunity located in the heart of Midtown Phoenix. This meticulously renovated, fully operational boutique multifamily offers 8 luxury units, each professionally designed and furnished to cater to the growing demand for short-term and corporate rentals. With turnkey income-generating potential and prime positioning in one of Phoenix’s most desirable neighborhoods, this property is a high-yielding asset ideal for investors seeking both immediate returns and long-term appreciation.
Flexible Usage:
The property’s luxury design and strategic location make it ideal for short-term rentals, corporate retreats, and long-term leases. With its unique blend of modern amenities, high-end finishes, and excellent location, it caters to a wide range of guests, from professionals to vacationers, ensuring high occupancy rates and sustained profitability.
Why Invest in Ash & Ko Boutique Lodging?
Immediate Cash Flow: Proven income generation from short-term rental platforms, with significant growth potential.
Turnkey Investment: Fully renovated and furnished, with luxury amenities and minimal upfront costs for new ownership.
High Occupancy & Strong Cap Rates: neighborhood occupancy and favorable cap rates make this a secure, high-yielding investment.
Location & Growth: Positioned in one of Phoenix’s fastest-growing real estate markets, surrounded by key attractions, business hubs, and top-tier amenities.
Introducing Ash & Ko Boutique Lodging, a rare and exclusive investment opportunity located in the heart of Midtown Phoenix. This meticulously renovated, fully operational boutique multifamily offers 8 luxury units, each professionally designed and furnished to cater to the growing demand for short-term and corporate rentals. With turnkey income-generating potential and prime positioning in one of Phoenix’s most desirable neighborhoods, this property is a high-yielding asset ideal for investors seeking both immediate returns and long-term appreciation.
Flexible Usage:
The property’s luxury design and strategic location make it ideal for short-term rentals, corporate retreats, and long-term leases. With its unique blend of modern amenities, high-end finishes, and excellent location, it caters to a wide range of guests, from professionals to vacationers, ensuring high occupancy rates and sustained profitability.
Why Invest in Ash & Ko Boutique Lodging?
Immediate Cash Flow: Proven income generation from short-term rental platforms, with significant growth potential.
Turnkey Investment: Fully renovated and furnished, with luxury amenities and minimal upfront costs for new ownership.
High Occupancy & Strong Cap Rates: neighborhood occupancy and favorable cap rates make this a secure, high-yielding investment.
Location & Growth: Positioned in one of Phoenix’s fastest-growing real estate markets, surrounded by key attractions, business hubs, and top-tier amenities.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Wi-Fi
- Yard
- Grill
- Coffee System
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Garden
- Island Kitchen
- Lawn
- Linen Closet
- Pantry
- Patio
- Porch
- Smoke Free
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Gated
- Furnished Units Available
- Grill
- Gas Range
- Pet Play Area
- Putting Greens
- Smoke Free
- Wi-Fi
- Storage Space
- Lounge
- Zen Garden
- Green Community
- Fiber Optic Internet
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | - | 701 - 810 |
Studios | 4 | - | 506 |
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
Parcel Number | 110-15-091 | Improvements Assessment | $0 (2024) |
Land Assessment | $0 (2024) | Total Assessment | $10,930 (2024) |
PROPERTY TAXES
Parcel Number
110-15-091
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$10,930 (2024)
zoning
Zoning Code | M-H |
M-H |
1 of 117
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ASH&KO | 1538 W Osborn Rd
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