11830 28Th Dr, Phoenix, AZ 85029

12 Unit Apartment Building | $7,700,000 ($641,667/Unit) | 5.02% Cap Rate | Phoenix, AZ 85029

Asking Price $7,700,000

Property Type
Multifamily
Square Feet
23,520 SF

Listing Contacts

Teo Cupes
Teo Cupes

Property Overview

UNDER CONSTRUCTION - PROJECTED COMPLETION OCTOBER 2024
Gated Townhome Complex, 12 4bd/3bth trilevel, 2100sf units. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ada).
26,400 net rentable area of property on nearly an acre listed at most recent appraisal price of $7,700,000.

Property Details

Year Built
2024
Stories
3
Lot Size (sq. ft)
35,719 SF
Units
12

Highlights

  • Luxurious Townhome Complex
  • Lots of natural light

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