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Multifamily

Lamar 4

1611 E Lamar Rd, Phoenix, AZ 85016

Listing Price: $2,700,000

Cap Rate
5.50%
Number of Units
4
GRM
16.33
Price/Unit
$675,000
Price/Gross SF
$2,700,000.00
Gross SF
1

Investment Overview

Completed in 2024, Lamar 4 presents four apartment residences featuring spacious floorplans, including 1-bedroom, 1-bath and 3-bedroom, 3-bath units, with average sizes of 850 and 2,200 square feet, respectively. Each residence is equipped with a modern kitchen, complete with full-size stainless-steel refrigerators, granite countertops, subway tile backsplashes, and custom cabinetry with soft-close doors, and interior fireplaces.
Enhancing the boutique community feel, Lamar 4 offers private patios or balconies, 9-foot ceilings, walk-in closets, and a resort-style pool, providing the perfect blend of luxury and practicality. The bottom floor units have private two-car garages and oversized backyards equipped with grills and exterior firepits.

Investment Highlights

  • Stainless-steel Bosch appliances, quartz countertops, large island, and a gas fireplace.
  • Brand new construction with minimal matinance and upkeep.
  • North Central location providing access to hiking trails, premiere dining and entertainment.

Exclusively Listed By

Financing By

Listing Price: $2,700,000

Cap Rate
5.50%
Number of Units
4
GRM
16.33
Price/Unit
$675,000
Price/Gross SF
$2,700,000.00
Gross SF
1

Investment Highlights

  • Stainless-steel Bosch appliances, quartz countertops, large island, and a gas fireplace.
  • Brand new construction with minimal matinance and upkeep.
  • North Central location providing access to hiking trails, premiere dining and entertainment.

Investment Overview

Completed in 2024, Lamar 4 presents four apartment residences featuring spacious floorplans, including 1-bedroom, 1-bath and 3-bedroom, 3-bath units, with average sizes of 850 and 2,200 square feet, respectively. Each residence is equipped with a modern kitchen, complete with full-size stainless-steel refrigerators, granite countertops, subway tile backsplashes, and custom cabinetry with soft-close doors, and interior fireplaces. Enhancing the boutique community feel, Lamar 4 offers private patios or balconies, 9-foot ceilings, walk-in closets, and a resort-style pool, providing the perfect blend of luxury and practicality. The bottom floor units have private two-car garages and oversized backyards equipped with grills and exterior firepits.

Exclusively Listed By

Financing By

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