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Multifamily

Granada

2912-2916 E Granada Rd, Phoenix, AZ 85008

Listing Price: $1,395,000

Cap Rate
5.47%
Number of Units
6
Price/Unit
$232,500
Price/Gross SF
$273.53
Gross SF
5,100

Investment Overview

Granada is a 6-unit apartment community located along 31st Street and McDowell Road in the highly coveted Arcadia Lite submarket of Central Phoenix. Less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, Granada (“the property”) is incredibly positioned, offering outstanding mobility throughout Phoenix Metro. Located 3.8 Miles from the Biltmore financial district, residents have access to one of Arizona's most dynamic professional corridors featuring employers Cisco, Merrill Lynch, Charles Schwab, Humana, Fennemore Craig, and UBS.

Investment Highlights

  • Single Story, Turn-Key Multifamily Community Comprised of Two-Bedroom Floorplans in Central Phoenix Submarket
  • All units include in-suite laundry.
  • Convenient access to the coveted Camelback Corridor (Biltmore) and Midtown Phoenix employment corridors.

Exclusively Listed By

Financing By

Listing Price: $1,395,000

Cap Rate
5.47%
Number of Units
6
Price/Unit
$232,500
Price/Gross SF
$273.53
Gross SF
5,100

Investment Highlights

  • Single Story, Turn-Key Multifamily Community Comprised of Two-Bedroom Floorplans in Central Phoenix Submarket
  • All units include in-suite laundry.
  • Convenient access to the coveted Camelback Corridor (Biltmore) and Midtown Phoenix employment corridors.

Investment Overview

Granada is a 6-unit apartment community located along 31st Street and McDowell Road in the highly coveted Arcadia Lite submarket of Central Phoenix. Less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, Granada (“the property”) is incredibly positioned, offering outstanding mobility throughout Phoenix Metro. Located 3.8 Miles from the Biltmore financial district, residents have access to one of Arizona's most dynamic professional corridors featuring employers Cisco, Merrill Lynch, Charles Schwab, Humana, Fennemore Craig, and UBS.

Exclusively Listed By

Financing By

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