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513 E Hatcher Rd
Phoenix, AZ 85020
Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • 10 Unit Single Story Value-Add Opportunity at $175,000/unit
  • Seller Completed Major Mechanical & Exterior Capital Improvements
  • Additional Upside through Renovating Classic Units and Adding In-Unit Washer/Dryers
  • 5 of 10 Units Renovated/Upgraded with Proven Proforma Rents
  • New ABS Sewer Lines, New Pex Water Supply Lines, New Roofs, New HVAC, New Electric
  • 5 Minutes from Central Corridor and 10 Minutes from Camelback Corridor

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.48 AC
Building Size 8,522 SF
Average Occupancy 100%
No. Stories 1
Year Built 1972
Parking Ratio 2.46/1,000 SF

UNIT AMENITIES

  • Refrigerator
  • Oven
  • Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 $1,260 503
2+1 1 $1,400 800

PROPERTY TAXES

ZONING

Zoning Code M-H (multi-family)
  • Listing ID: 25205222

  • Date on Market: 3/8/2022

  • Last Updated:

  • Address: 513 E Hatcher Rd, Phoenix, AZ 85020