Investment Real Estate - Phoenix, Arizona - Property Detail

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Sunny Slope Apartments

https://www.josephbernard.net/sunny-slope-apartments

Address:: 10250 N 13th Ave, Phoenix, Arizona 85021

Price:: $490,050

Units:: 7

Price per unit:: $70,007

Cap Rate:: 6.19%

Year Built:: 1964

Highlights

Value add opportunity
Remodeled kitchens and baths
Needs exterior improvements

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Sunny Slope Apartments

Summary

Sunny Slope Apartments is a great value add opportunity. Rents are currently below market and exterior improvements can be made. The property consists of 7, 1 bedroom/1 bath units with remodeled kitchens and baths, and a shared courtyard in the back.