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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
Highest & best offer
No. of Units
54,220 Sq ft
195,149 Sq ft
No. of Stories
No. of Parking Spots
Price per unit