21050 N 23RD AVE

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21050 N 23RD AVE

PHOENIX, AZ 85027
Asking Price
$3.19M
Cap Rate
5.5%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

8 Unit Class A Townhomes | Built in 2023 | Near Taiwan Semiconductor Manufacturing Company (TSMC) <p>Loft 23 Townhomes represent the rare opportunity to purchase a newbuild townhome community located in the booming North Phoenix-Deer Valley submarket, just minutes from the <strong>Taiwan Semiconductor Manufacturing Company (TSMC).</strong> </p><p></p><ul><li>​Boutique 8 Unit Class A Townhome Community</li><li>​Built in 2023 with Modern Features and Amenities</li><li>​Large 3 Bedroom 2 ½ Bathroom at 1,500 SF</li><li>​Modern Plank Flooring, Shaker Cabinets, Quartz Countertops</li><li>​Quality

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.44%
Monthly Payment
$15,807.117
Annual Cash Flow
$-109,685.401

Location & Travel Times