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E Dunlap Avenue
E Dunlap Avenue
https://www.josephbernard.net/e-dunlap-avenue- Address:
- 1224 E Dunlap Avenue, Phoenix, Arizona 85020
- Price:
- $1,650,000
- Units:
- 8
- Price per unit:
- $206,250
- Cap Rate:
- 5.84%
- Year Built:
- 1980
Highlights
- Extensive capital improvements
- Refurbished roof
- All 2-bedroom units
- Washer/dryer hookups
- Individual storage units
- Significant renovations in 2021/2022
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E Dunlap Avenue
Summary
Value-add opportunity through raising rents to market and implementing RUBS. Two units are spacious, standalone 2-bedroom, 2-bathroom with washer and dryers. The remaining units are all 2-bedroom, 1-bathroom with washer/dryer hookups. The A/C units are in excellent condition and the roof was refurbished in 2021. The property was painted and the parking lot paved in 2021. Each unit has an individual storage unit that can be rented for additional income.
Nearby employers include Honor Health Medical Center, Ping Golf, APS, OpenTec Alliance, among others. The property is located near hiking trails and parks.
Highlights
- Extensive capital improvements
- Refurbished roof
- All 2-bedroom units
- Washer/dryer hookups
- Individual storage units
- Significant renovations in 2021/2022
Sold
E Dunlap Avenue
E Dunlap Avenue/N 12th Street
Sold
E Dunlap Avenue
Sold
E Dunlap Avenue
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Sold
E Dunlap Avenue
Adam Dresher
adresher@josephbernard.net
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax