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Multifamily

Rossmore

6017 N 61st Ave, Glendale, AZ 85301

Listing Price: $4,600,000

Cap Rate
2.41%
Number of Units
26
Price/Unit
$176,923
Price/Gross SF
$317.46
Gross SF
14,490

Investment Overview

Constructed in 1963, Rossmore offers floor plans averaging 557 square feet. Future ownership will have the opportunity to upgrade all of the original original interiors with an associated renovation premium of $250 per month.

Investment Highlights

  • Single-level, low-density apartment community with opportunities to add amenities and large patios.
  • Value-add opportunity with 26 well-maintained classic interiors.
  • Located in a Glendale residential neighborhood just north of Bethany Home Road and immediately East of the Grand Avenue Expressway.

Exclusively Listed By

Financing By

Listing Price: $4,600,000

Cap Rate
2.41%
Number of Units
26
Price/Unit
$176,923
Price/Gross SF
$317.46
Gross SF
14,490

Investment Highlights

  • Single-level, low-density apartment community with opportunities to add amenities and large patios.
  • Value-add opportunity with 26 well-maintained classic interiors.
  • Located in a Glendale residential neighborhood just north of Bethany Home Road and immediately East of the Grand Avenue Expressway.

Investment Overview

Constructed in 1963, Rossmore offers floor plans averaging 557 square feet. Future ownership will have the opportunity to upgrade all of the original original interiors with an associated renovation premium of $250 per month.

Exclusively Listed By

Financing By

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