Herron / Korn and Company
Herron / Korn and Company
Isabel Herron, Herron / Korn and CompanyPhone: (480) 342-8388
Email: [email protected]
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listing
1 of 82
MultifamilyFor Sale
$2,320,000
2102 W Adams Street
Phoenix, AZ 85009
Listed by: Better Homes & Gardens Real Estate SJ Fowler, (602) 672-3526
MLS: Arizona Regional MLS
Est. Mortgage
$12,075/mo

Unique W Downtown Phoenix area 16 unit complex. New construction across the street. 9 of the 16 units have recently been upgraded with mostly newer roofs. Exudes upside potential. ATTRACTIVE SELLER FINANCING is available up to 55% LTV +/-. The opportunity consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7811 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample interior surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. (USPS addresses differ). All separate electric/gas. Four water meters. Zoned R-3. Add units or split up the complex. Another option is assumable agency debt (3.87%; $1,200,00 balance; 2032 balloon). Long-term owner. Value-add with pro forma #'s.

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Information courtesy of Better Homes & Gardens Real Estate SJ Fowler is subject to verification and is not guaranteed.
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