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    3928 W Camelback Road

    Phoenix, AZ 85019
    • $350,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 6151168
    $350,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    R5 ZONED Corner lot on Camelback and 39th Ave Unique opportunity to invest and develop a high demand multifamily product of 18 units in Phoenix. Strong rental demand area in a residential area of the west Valley in Green Briar Estates. Preliminary drawings for 18 two bedroom units with in unit laundry and family friendly amenity already submitted to City of Phoenix. Proforma stabilized NOI as 18 unit rental around $283K per annum!

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Relevate - Keller Williams Realty Phoenix. Data last updated 2020-12-01T00:12:44.687.
    phoenix.relevatehomes.com/homes/111315167
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    3928 W Camelback Road Phoenix, AZ 85019

    • Price: $350,000
    • Status: Active
    • MLS #: 6151168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    Neighborhood:
    Green Briar Estates 1
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    R5 ZONED Corner lot on Camelback and 39th Ave Unique opportunity to invest and develop a high demand multifamily product of 18 units in Phoenix. Strong rental demand area in a residential area of the west Valley in Green Briar Estates. Preliminary drawings for 18 two bedroom units with in unit laundry and family friendly amenity already submitted to City of Phoenix. Proforma stabilized NOI as 18 unit rental around $283K per annum!
    Exterior Features

    Lot Size Dimensions X Parcel Size .50 - .99 Acres

    Property Features

    Cross Street 39th Dr. & Camelback Rd. Electric Other (See Rmks) Existing Land Use Residential Lot For Sale Or Lease Sale Gas Other (See Rmks) Hoa YN N Hoa2 YN N New Financing Conventional Potential Use Multi-Family Sewer Sewer - Public Special Listing Conditions N/A Tax Year 2020 Taxes 4221.00 Water City Franchise Zoned Presently Multi-Family Zoning R5

    Listing courtesy of Rei Marketing.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Relevate - Keller Williams Realty Phoenix. Data last updated 2020-12-01T00:12:44.687.
     
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    Relevate - Keller Williams Realty Phoenix
    3920 S Rural Rd, #110
    Tempe AZ, 85282