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La Monte Apartments

La Monte Apartments

http://www.josephbernard.net/la-monte
Address:
4207 N 9th Street, Phoenix, Arizona 85014
Price:
$1,600,000
Units:
18
Price per unit:
$88,889
Cap Rate:
5.41%
Year Built:
1965

Highlights

  • 18 unit garden style
  • Fantastic central Phoenix location
  • Major renovations in 2014
  • New roofs
  • On site laundry and storage
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La Monte Apartments

Summary

This property consists of 4 rental buildings and 1 house, and is located in a quiet courtyard setting. The well maintained property consists of (3) studios, (11) one bedrooms, (3) two bedrooms and (1) three bedroom house. Each individually metered unit includes abundant closet space, modern kitchens and bathrooms. Amenities include on-site laundry and plenty of tenant parking. The house has its own washer/dryer connection.
 
This rare turnkey property is located just North of East Indian School Road in Phoenix's prized "Central Corridor", an area known for its major employers, schools, shopping, fine dining, parks, and the Light Rail transit system. The property has great access to the valley freeway system, the Biltmore and downtown.

Highlights

  • 18 unit garden style
  • Fantastic central Phoenix location
  • Major renovations in 2014
  • New roofs
  • On site laundry and storage

La Monte Apartments

N 7th/E Indian School Rd

La Monte Apartments

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La Monte Apartments

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La Monte Apartments

Document Title Document Type
Property Flyer Adobe PDF

La Monte Apartments

Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax