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3625 N 16th St
Phoenix, AZ 85016
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
23 Units <ul><li>Close to the Biltmore Fashion Park and Office Center</li><li>Professionally repositioned property, strong cash flow</li><li>Very secure units and courtyard</li><li>Room for immediate rent growth</li><li>Most units are large two-bedroom</li><li>Well-lighted, covered parking plus extra parking spaces</li></ul>
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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
