Scottsdale, AZ 85251
$3,105,000
Listing courtesy of HomeSmart
This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors.
Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing a value-add strategy through renovations and operational improvements.
The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued population growth and demand in the Scottsdale/Phoenix market, this property is well-positioned for both cash flow and long-term appreciation.
Listing information provided courtesy of Arizona Regional Multiple Listing Service (ARMLS).
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.