2440 E Waltann Ln

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2440 E Waltann Ln

Phoenix, AZ 85032
Asking Price
$739K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Phoenix
  • Total building footprint consists of four individual units
  • Asking price for the property is set at $739,000
  • Investment basis calculates to $184,750 per residential unit
  • Located in the 85032 zip code of Phoenix, Arizona

What's Special

This multifamily apartment building contains four units and is positioned in Phoenix, Arizona. The property is currently available for sale at a list price of $739,000, which reflects a basis of $184,750 per unit. Phoenix remains a major economic hub in the Southwest, characterized by a diverse labor market and consistent population growth that supports residential housing demand. The asset is situated within the 85032 zip code, a established suburban area that provides access to regional transportation corridors and essential infrastructure throughout the metro. As a compact residential investment, this building functions well for investors seeking to build or maintain a footprint in the Valley of the Sun. Its configuration and scale offer flexibility for long-term rental operations or strategic repositioning within the local housing market.

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NOI
$80,000
Cap Rate
10.83%
DSCR
1.82
Strong
Cash-on-Cash
16.29%
Monthly Payment
$3,656.169
Annual Cash Flow
$36,125.975

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