Phoenix Multifamily For Sale | Vestis Group

Phoenix Multifamily For Sale | 6-Units | Papago Springs Condos

Phoenix Multifamily For Sale | 6-Units | Papago Springs Condos

Papago Springs | Phoenix Multifamily | Bulk Condos Phoenix

 

Papago Springs – 6 Units (Bulk Condos)

1819 North 40th Street, Phoenix, Arizona 85008

$246,000

5,130 SF Bldg

6 Units

9.00% Cap Rate

Garden/Low-Rise

AVAILABLE FOR SALE

 

PROPERTY DESCRIPTION

Six (6) bulk condo units available for sale inside, Papago Springs, a 103-unit, garden-style condominium community located in east Phoenix. Built in 1972, Papago Springs is constructed of wood-frame with built-up roofs. The Property was renovated for condo-conversion in 2007. The units available for sale are comprised of six (6) two-bedroom / one-and-one-half-bath units of approximately 855 square feet. The units are equipped with stainless steel appliances, all-in-one washer/dryer, updated cabinets and countertops, walk-in closets*, individually controlled HVAC, catv and internet. Common area amenities include a fitness center, swimming pool, barbecue areas, controlled access gates and mature landscaping including several mature shade trees and ample parking. The two bedroom condominium homes are individually metered for electricity. The homeowners association dues ($157.50/unit) are paid monthly and cover water, sewer, trash, common area maintenance, common area insurance and roof repairs. ( * ) =Select Units.

DRIVE BY ONLY. PLEASE DO NOT WALK OR TALK TO ANYONE ON THE PROPERTY. PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CALL LISTING AGENT FOR ADDITIONAL INFORMATION. THANK YOU.

 

PHOTOS

   

 

ADVISORS

Chad Barber | 602-281-6202 x5

Natan Jacobs | 602-281-6202 x1

Les Litwin | 602-281-6202 x2

 

REQUEST ADDITIONAL INFORMATION

 

 

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