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Multifamily

925 McKinley Apartments

925 E McKinley St, Phoenix, AZ 85006

Listing Price: $1,200,000

Cap Rate
5.14%
Number of Units
6
GRM
13.97
Occupancy
95.0%
Price/Unit
$200,000

Investment Overview

Located in the highly sought-after Garfield Historic District near Downtown Phoenix, 925 East McKinley Street offers investors the opportunity to acquire a well-positioned multifamily asset within one of the Valley’s most rapidly evolving urban neighborhoods. The property benefits from close proximity to Roosevelt Row, Arizona State University Downtown Campus, Banner University Medical Center, and Downtown Phoenix’s expanding employment, dining, and entertainment corridors.

The asset is strategically situated within an established infill location offering excellent accessibility
throughout the Phoenix MSA via Interstate 10, Loop 202, SR-51, and the Valley Metro Light Rail system.
Continued public and private investment throughout Downtown Phoenix has fueled strong rental demand
from young professionals, students, and healthcare employees seeking an urban, walkable lifestyle with
convenient access to major employment centers.

925 East McKinley Street presents investors with the opportunity to acquire a centrally located asset
supported by durable tenant demand, strong neighborhood fundamentals, and long-term
appreciation potential in one of Phoenix’s most dynamic and supply-constrained urban submarkets.

Investment Highlights

  • Approximately 7% mark-to-market opportunity remains, providing investors a clear path to increase revenue and cash flow.
  • Recent improvements include upgraded interiors, modern finishes, secure gated parking, new paint, and enhanced outdoor amenities.
  • Located in the Garfield Historic District, offering walkable access to Downtown Phoenix employment, dining, entertainment, and transit corridors.

Exclusively Listed By

Multifamily

925 McKinley Apartments

Listing Price: $1,200,000

Cap Rate
5.14%
Number of Units
6
GRM
13.97
Occupancy
95.0%
Price/Unit
$200,000

Investment Highlights

  • Approximately 7% mark-to-market opportunity remains, providing investors a clear path to increase revenue and cash flow.
  • Recent improvements include upgraded interiors, modern finishes, secure gated parking, new paint, and enhanced outdoor amenities.
  • Located in the Garfield Historic District, offering walkable access to Downtown Phoenix employment, dining, entertainment, and transit corridors.

Investment Overview

Located in the highly sought-after Garfield Historic District near Downtown Phoenix, 925 East McKinley Street offers investors the opportunity to acquire a well-positioned multifamily asset within one of the Valley’s most rapidly evolving urban neighborhoods. The property benefits from close proximity to Roosevelt Row, Arizona State University Downtown Campus, Banner University Medical Center, and Downtown Phoenix’s expanding employment, dining, and entertainment corridors. The asset is strategically situated within an established infill location offering excellent accessibility throughout the Phoenix MSA via Interstate 10, Loop 202, SR-51, and the Valley Metro Light Rail system. Continued public and private investment throughout Downtown Phoenix has fueled strong rental demand from young professionals, students, and healthcare employees seeking an urban, walkable lifestyle with convenient access to major employment centers. 925 East McKinley Street presents investors with the opportunity to acquire a centrally located asset supported by durable tenant demand, strong neighborhood fundamentals, and long-term appreciation potential in one of Phoenix’s most dynamic and supply-constrained urban submarkets.

Exclusively Listed By

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