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4325 N 23rd Ave, Phoenix, AZ 85015

  • Premier value-add opportunity with 100% classic and lightly upgraded interiors allowing for a blank canvas interior renovation opportunity
  • Opportunity to invest $8,000/unit to upgrade interiors and capture a $175 rental premium per unit  
  • Opportunity to install washers and dryers in unit and increase asking rents and additional $50/unit/month
  • Potential to capture other ancillary income via implementing a covered parking fee or installing parcel lockers  
  • Current ownership recently invested just under $250,000 into capital improvements so that the next investor can focus on value-enhancing improvements. 

Key Property Information

Listing Status
Unavailable
Listing Type
Highest & best offer
Multifamily type
Garden Style
No. of Units
68
Year Built
1974
Building Size
54,220 Sq ft
Lot Size
195,149 Sq ft
No. of Stories
2
No. of Parking Spots
119
Opportunity Zone
Off
Price per unit
$ 0