12th Place Apartments, 8-Units | Phoenix Multifamily For Sale

Multifamily For Sale in Phoenix Arizona – 8-Units (Apartments)

12th Place Apartments, 8-units (Multifamily)

3427 North 12th Place, Phoenix, AZ 85014

$440,000

4,732 SF Bldg

8 Units

Garden/Low-Rise

Value-Add

AVAILABLE FOR SALE (OFF-MARKET)

PROPERTY DESCRIPTION

12th Place Apartments is an 8-unit garden-style apartment home community located near the Phoenix Country Club in midtown Phoenix. Built in 1964, 12th Place Apartments is a single-story multifamily community located in central Phoenix near shopping, culture, restaurants and transportation, featuring seven (7) one-bedroom and one-bathroom apartment homes and one (1) two-bedroom and one-bathroom apartment home, with an average living space of approximately 592 square feet. Each of the 8 apartment homes opens up into a central courtyard. The property includes rear surface parking and laundry facilities.

AREA DESCRIPTION

12th Place Apartments enjoys a midtown Phoenix location across from the Phoenix Country Club, within close proximity to cultural venues, restaurants, art galleries and city parks. The property is situated north of Osborn Road and south of Indian School Road, east of 12th Street and west of 16th Street, along 12th Place, approximately 1.2 miles from State Route 51 (Piestewa Freeway), which connects to the Interstate 10 (Papago Freeway) and Loop 202 (Red Mountain Freeway), providing easy access to Downtown Phoenix, Sky Harbor International Airport, Tempe, Scottsdale, the southeast and southwest Valleys.

PHOTOS

DISCLOSURE

Seller discloses that one or more members of the ownership entity are licensed real estate brokers, associate brokers and/or salespersons in the State of Arizona. Seller discloses that one or more members of the ownership entity are members of Vestis Group, Seller’s agent.

ADVISORS

Chad Barber | 602-281-6202 x5

Natan Jacobs | 602-281-6202 x1

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