Northeast Corner of 91st Avenue & Ocotillo Road

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Northeast Corner of 91st Avenue & Ocotillo Road

Glendale, AZ 85305-3423
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 384 Units <ul><li>​Planned for 384 total residential units consisting of 368 multifamily residences and 16 condominium units</li><li>​Located within Glendale's designated Western Growth Area, one of the city's primary corridors for future population and employment growth</li><li>​Proposed as a mixed-residential community featuring multifamily housing, condominiums, and a comprehensive amenity package</li><li>​Designed with over 260,000 SF of open space and amenity areas, including a resort-style pool, clu

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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