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2305 E 15th St

7 Unit Apartment Building $875,000 ($125,000/Unit) 8.34% Cap Rate Yuma, AZ 85365

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Executive Summary

4 building Apartment units with NEW ROOFS, NEW WINDOWS and New Mini Splits. Welcome to the cozy villas that offers a harmonious blend of comfort and space. The kitchen, while cozy, provides ample room for meal preparation and casual dining, flowing effortlessly into the expansive living room. This open-concept design is perfect for entertaining or simply relaxing in a spacious environment. The dual split oversized bedrooms offer privacy and tranquility, each with generous closet space and plenty of natural light. The new dual pane windows and Mini splits help keep each unit nice and cool! Located close to a bustling shopping mall. Enjoy the convenience of nearby amenities while witnessing the growth and revitalization of the community. Each unit Separately metered. Growing Yuma area!

Property Facts

Price	$875,000	Building Class	C
Price Per Unit	$125,000	Lot Size	0.53 AC
Sale Type	Investment	Building Size	5,232 SF
Cap Rate	8.34%	Average Occupancy	85%
Sale Conditions	Bulk/Portfolio Sale	No. Stories	1
No. Units	7	Year Built	1960
Property Type	Multifamily	Parking Ratio	1.34/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Garden

Price	$875,000
Price Per Unit	$125,000
Sale Type	Investment
Cap Rate	8.34%
Sale Conditions	Bulk/Portfolio Sale
No. Units	7
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.53 AC
Building Size	5,232 SF
Average Occupancy	85%
No. Stories	1
Year Built	1960
Parking Ratio	1.34/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.