For Sale
$2,250,000

2600 State AvePhoenix, AZ 85051

Six-unit apartment building, new construction

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a brand-new, six-unit apartment building in Phoenix, Arizona. Completed in September 2024, this Class B multifamily property boasts a total of 6,120 square feet of net rentable space, spread across three separate buildings. Each building houses two units and sits on its own parcel, offering the potential for future subdivision into three distinct ownership parcels. The property is zoned R-3. All six units feature three bedrooms and two bathrooms, each approximately 2,040 square feet. High-quality finishes include inside laundry, stainless steel appliances, and quartz countertops. The asking price is $2,250,000, translating to $367.65 per square foot and $375,000 per unit. Each unit comes with two parking spaces. This owner-user investment is ideal for those seeking immediate rental income or a diversified portfolio. The property's new construction status ensures minimal maintenance and long-term value appreciation. This is a turnkey opportunity ready for immediate occupancy.

Highlights

  • Brand new construction, fully built-out and ready for occupancy.

Property Details for 2600 State Ave

Property type
Apartment buildings
Square Feet
6,120 SF
Class
B
Year Built
2024
Buildings
3
Stories
2
Units
6

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.544632179399
Longitude
-112.11478434947
2600 State Ave, Phoenix, Arizona

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2600 State Ave
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