2115 W Glenrosa Ave., Phoenix, AZ 85015

2115 W Glenrosa Ave., Phoenix, AZ 85015
Photo 1 of 1
$400,000
Sold on 5/10/19
Beds Baths Sq. Ft. Taxes Built
0.00 0 $2,314 1960
On the market: 92 days
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Assemblage Sale: two triplex buildings w/ six total units @ 2115 W. Glenrosa Ave & 4024 N. 23rd Ave, Phoenix, AZ 85015. To be sold together. Buyer could obtain a commercial loan, or get two residential loans, or bring cash/1031 funds. Solid Central Phoenix location near the I-17 and Grand Canyon University. The two buildings are 1/2 mile from each other. All big 2 bed/1 bath units. Average 737 SF. Ample parking, private entrances, fenced yards, frig/stove, & more. Both buildings have had many quality upgrades over last several years. Value-Add w/ below market rents. Operating around a 5.9 CAP +/- with a 8+ CAP potential at pro forma rents. All month-to-month leases & a few vacancies to facilitate the sale. Buyer to complete/rely on own due diligence. OM available via email request.
Listing courtesy of James Stephens