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$2,600,000
45 Days On Site
498 N ARIZONA AvenueChandler, AZ 85225
For Sale|Multi Family|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1948
Built
County:
Maricopa
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The Avenue Apartments is a nicely renovated 13 unit complex located near Downtown Chandler. This investment opportunity offers a step in 6.7% cap rate with further opportunity to increase NOI through renovating the remaining 5 units. The attractive unit mix includes 5 2bed/1bath units and 8 1bed/1bath units. Major exterior renovations have been done inclucding new exterior stucco and paint, new plumbing, new parking lot asphalt and stripping, and a refurbished courtyard.
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Listing Snapshot
Price
$2,600,000
Days On Site
45 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1948
MLS® Number
6767834
Status
Active Under Contract
Property Tax
$3,874
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Status changed to Active Under Contract | |
| a month ago | Listing first seen on site |
General Features
Parking Spaces
16
Property Sub Type
Multi Family
Sewer
Public Sewer
Zoning
C3
Interior Features
Appliances
MicrowaveWasher/Dryer
Cooling
Central AirElectricCeiling Fan(s)
Flooring
Ceramic TileVinyl
Heating
Natural Gas
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Exterior Features
Construction Details
StuccoBlock
Road Frontage
Alley
Roof
Foam
Community Features
Financing Terms Available
Conventional
Roads
Asphalt
School District
Chandler Unified District
Township
1S
Schools
School District
Chandler Unified District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Orion Investment Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC
Neighborhood & Commute
Source: Walkscore
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