The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one… Read More of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market. Read Less
Courtesy of Orion Investment Real Estate 480-634-6934
Listing Snapshot
Days Online
1
Last Updated
Beds
10
Year Built
1959
MLS Number
7103570
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Refrigerator, Free-Standing Gas Oven, Microwave
Building
Built in 1959, 1 building, Construction Materials: Painted, Block, Brick
Community
No Pool
Cooling
Window/Wall Unit
Disclosures
None
Expenses
Operating: $1,722
Floors
Vinyl, Concrete
Heating
Window/Wall Unit(s)
Income
Gross Income: $117,420, Gross ScheduledIncome: $123,600, Net Operating Income: $84,551
Lot
Dimensions: Normal
Owner Pays
Gas, Trash Collection, Water, Sewer, Landscaping
Parking
6 open parking spaces, 6 total parking spaces, Paved, Free, <1 Space Per Unit, On Street
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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