SOLD

6 Unit Multi-Family Property in North Phoenix

Price: $520,000

Six On Fifth, 9618 N 5th St, Phoenix, AZ 85020

SIX ON FIFTH is a 6 unit newer constructed asset in the foothills of Phoenix’s North Mountain Preserve. SIX ON FIFTH is centrally located in a convenient North Phoenix neighborhood near employment, bus lines, and schools. John C Lincoln Hospital, Walmart, Sunnyslope Elementary School, North Mountain Brewery, and mountain hiking trails are all just steps or blocks away. On a corner lot with nearby mountain views, this asset features spacious 1-bed/1-bath units. Each unit has an en suite washer/dryer and select units have a gated patio entry. The units are all individually metered for electric and have tile floors throughout. The property has ample off street parking and a beautiful common picnic area. The property is fully occupied and can be operated with easy rent increases as it is, or as a value add play with unit upgrades and even greater rent increases. It is positioned to enjoy the growth of this dynamic North Central neighborhood of Phoenix.

Property Highlights

6 1bed/1 bath units
Gated patio entry on select units
Fully occupied
Off street parking
Centrally located in North Phoenix
Mountain views

AIM 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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