9201 N 12th St
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9201 N 12th St
7 Unit Apartment Building $1,125,000 ($160,714/Unit) 7.11% Cap Rate Phoenix, AZ 85020
INVESTMENT HIGHLIGHTS
- Centrally Located Close to 51 Freeway, Shopping and other Services
EXECUTIVE SUMMARY
These newly remodeled apartments offer a modern and comfortable living experience. With covered parking, you can rest assured knowing your vehicle is protected from the elements. Stay comfortable year-round with our heating and air conditioning system, ensuring the perfect temperature no matter the season. Conveniently situated close to the 51 FWY, commuting is a breeze, allowing you to easily explore all that Phoenix has to offer.
Welcome to the 1 Bed 1 Bath just North of 12th St & Northern, located in the vibrant city of Phoenix, AZ. This recently remodeled apartment offers a comfortable and convenient living experience. With one bedroom and one bathroom, it provides the perfect space for anyone seeking a cozy home. The apartment features covered parking, ensuring your vehicle is protected from the elements. Stay comfortable year-round with the heating and air conditioning system, allowing you to create the ideal indoor climate. Hardwood/LVP Flooring Throughout, Walk In Closet, Custom Tiled Shower, Onsite Washer and Dryer, Covered Parking, New Appliances, Microwave, Gas Stove, Fridge
Welcome to the 1 Bed 1 Bath just North of 12th St & Northern, located in the vibrant city of Phoenix, AZ. This recently remodeled apartment offers a comfortable and convenient living experience. With one bedroom and one bathroom, it provides the perfect space for anyone seeking a cozy home. The apartment features covered parking, ensuring your vehicle is protected from the elements. Stay comfortable year-round with the heating and air conditioning system, allowing you to create the ideal indoor climate. Hardwood/LVP Flooring Throughout, Walk In Closet, Custom Tiled Shower, Onsite Washer and Dryer, Covered Parking, New Appliances, Microwave, Gas Stove, Fridge
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,125,000 | Building Class | C |
| Price Per Unit | $160,714 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 2,425 SF |
| Cap Rate | 7.11% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2024 |
| Property Subtype | Apartment | Parking Ratio | 4.95/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,125,000 |
| Price Per Unit | $160,714 |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 2,425 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2024 |
| Parking Ratio | 4.95/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Eat-in Kitchen
SITE AMENITIES
- Laundry Facilities
- Gas Range
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $1,150 | 490 |
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Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 159-34-138A | Total Assessment | $12,947 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
159-34-138A
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$12,947 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
ZONING
| Zoning Code | R-3 |
| R-3 |
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9201 N 12th St
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