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Coolidge Casitas 2414-2416 W Coolidge St

9 Unit Apartment Building $2,299,000 ($255,444/Unit) 6.28% Cap Rate Phoenix, AZ 85015

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Investment Highlights

9 Units (Individual Buildings)
Newly Renovated Interiors & Exteriors
Great Proximity to I-17 Freeway

Single Family For Rent Community
Masonry construction
Zoning Allows for Additional Units

Offering Memorandum

Property Facts

Price	$2,299,000	Building Class	C
Price Per Unit	$255,444	Lot Size	0.83 AC
Sale Type	Investment	Building Size	6,250 SF
Cap Rate	6.28%	Average Occupancy	100%
No. Units	9	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1934/2023
Property Subtype	Apartment	Parking Ratio	1.44/1,000 SF
Apartment Style	Garden	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.

Price	$2,299,000
Price Per Unit	$255,444
Sale Type	Investment
Cap Rate	6.28%
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.83 AC
Building Size	6,250 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	1934/2023
Parking Ratio	1.44/1,000 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.