525 N 32nd St | Phoenix, AZ 85008
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- LoopNet Team
525 N 32nd St
Phoenix, AZ 85008
Thirteen on 32nd Street · Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Twelve on 32nd Apartments provides a value-add multifamily investment with the upside to bring rents in line with the growing market average.
- This great location places residents near quality shopping and dining amenities, vibrant entertainment destinations, and major employment hubs.
- Convenient access to Downtown Phoenix allows tenants to reach the PHX Arena, Chase Field, and the Arizona Science Center in just 10 minutes.
- The community includes 12 residential units, comprised of studios, 1BRs, and a 3-bedroom house that is discounted for use as a manager’s residence.
- There is additional long-term development potential to add more units or reposition the property.
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.49 AC |
| Property Type | Multifamily | Building Size | 10,498 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Zoning | R-5, Phoenix - Multifamily Residential | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 10,498 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | R-5, Phoenix - Multifamily Residential |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Oven
- Range
- Tub/Shower
- Deck
- Patio
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $750.00 | 350 |
| 1+1 | 6 | $900.00 | 650 |
| 3+1 | 1 | $1,500 | 875 |
PROPERTY TAXES
| Parcel Number | 121-17-028A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $18,275 |
PROPERTY TAXES
Parcel Number
121-17-028A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$18,275
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