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S&T Plaza

S&T Plaza

http://www.josephbernard.net/st-plaza
Address:
2130 W Indian School Rd, Phoenix, Arizona 85015
Price:
$3,850,000
Units:
72
Price per unit:
$53,472
Cap Rate:
6.7%
Year Built:
1982

Highlights

  • Rehab project
  • 50% vacancy at time of sale
  • Significant deferred maintenance
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S&T Plaza

Summary

S&T Plaza Apartments is a three-story apartment community built in 1982, consisting of 72 rental units. The three buildings are situated on an irregular shaped site comprising approximately 1.47 acres. There are (18) 1 BD/1 BA and (54) 2 BD/1 BA apartment units. Building construction is of wood frame and stucco with built-up roofs. Units are heated and cooled with individual roof-mounted HVAC systems.

Highlights

  • Rehab project
  • 50% vacancy at time of sale
  • Significant deferred maintenance

S&T Plaza

Backs up to the Grand Canal Trail.

S&T Plaza

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S&T Plaza

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