CAMELBACK GARDENS
Property • Multiple Dwellings
Web ID # 6993194
$1,699,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
East of the I-17 and north of Camelback Rd.
Dwelling Type: Multiple Dwellings
Subdivision: CAMELBACK GARDENS
Year Built: 1958, County: US
East of the I-17 and north of Camelback Rd.
Listing is courtesy of Better Homes & Gardens Real Estate SJ Fowler
