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2238 East Taylor Street
Phoenix, AZ 85006
Asking Price
$1.40M
Cap Rate
6.07%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 10 Units | $140,000/unit <p>Located within a designated Opportunity Zone, East Taylor Apartments is a well-positioned 10-unit multifamily investment opportunity in the East Side submarket of Phoenix. Originally constructed in 1964, the property has benefited from extensive improvements under both current and prior ownership, offering investors a stabilized asset with continued upside potential.</p><p>Strategically located near Phoenix Sky Harbor International Airport, the property is supported by several major economic
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
