5008 E Thomas Rd | Phoenix, AZ 85018
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5008 E Thomas Rd
Phoenix, AZ 85018
Parq on 50th · Multifamily Property For Sale · 155 Units
Investment Highlights
- 155 Units Completed in 1979 (50 Single-Story Units)
- Mix of Studio, One, & Two-Bedroom Unit Types
- Individually Metered for Electric & Individual HVAC & Hot Water Heaters in Each Unit
- Exceptional Arcadia Location (East Phoenix)
- Washer & Dryer in Select Renovated Units (Approx. 72 or 46% of the Units)
- Value-Add Opportunity Through Continued Interior Renovations (Approx. 83 or 54% of the Units in Non-Renovated Condition)
PROPERTY FACTS
| No. Units | 155 | Lot Size | 5.63 AC |
| Property Type | Multifamily | Building Size | 96,606 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1979/2021 |
| Building Class | C | Parking Ratio | 2.22/1,000 SF |
| No. Units | 155 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.63 AC |
| Building Size | 96,606 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1979/2021 |
| Parking Ratio | 2.22/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Carpet
- Pantry
- Vinyl Flooring
Site Amenities
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Spa
- Grill
- Package Service
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
| 1+1 | 102 | - | - |
| 2+1 | 17 | - | - |
| 2+2 | 16 | - | - |
zoning
| Zoning Code | R-5 |
| R-5 |
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