6 unit Multi-family property in North Phoenix
Price: $727,000
6 @ 23rd 6824 N 23rd Avenue I Phoenix I AZ I 85015
6 @ 23rd is a 6-unit mid-century single story apartment community, located in a great residential neighborhood. Units have been remodeled and offer private patios, which are always in high demand. Rents are below market and this is an attractive value-add opportunity. Individually metered for electrical and gas.
Interior renovations and improvements are complete in select units. There is continued upside in rents for premium units and remaining classic units are ready for re-positioning to continue increases on income. This is a rare find in the sub-market.
Contact: Rick Kehm
602-432-2793
Property Highlights:
Good Residential Neighborhood
Ample Parking
Individually Metered
Recently renovated
Low Density, single story property
Private Patios
Arizona Investment & Management LLC
Professional Real Estate Services
AZ LICENSE: LC645202000
2720 E. Thomas Road, Suite B270
Phoenix, AZ 85016
Phone: (602) 277-7368
Drew Gibson | Principal
Email: drew@aimlease.com
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