Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
377 North 4th Avenue
Phoenix, AZ 85003
Asking Price
$2.50M
Asset Type
Multifamily
Class
Class B
What's Special
<ul><li>Extensively Renovated Community with Best-in-Class Finish Levels (Over $50,000 per unit in Total Capex Costs)</li><li>Significant Mark-to-Market Opportunity in Downtown Phoenix</li><li>Unique Development Opportunity for 118 Proposed Units Under Existing Zoning Rights</li><li>The Offering Includes an Existing 2,250 SF Historic Home that can be Renovated</li><li>Dynamic Downtown Phoenix Location with Proximity to Core Employment Corridors</li><li>Excellent Nearby Amenities Including
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631
