Cap Rate
7.19%
$ per SF
$127
Tot. SF
56,500
2520 W Mclellan Blvd, Phoenix, AZ, 85017
Casa Blanca Apartments$7,150,000
Key Information
$ per unit
$88,000
Units
81
Year Built
1972
Type
Apartments
Occupancy
100%
NOI
$514,300
Highlights
- 81 Units, Built in 1972
- Unit Mix: (1) Studio, (20) 1+1, (51) 2+1, (9) 3+1
- 64 Units: Budget-Based LIHPRHA
- 16 Units: Section 8 / HAP Until 2032
- 1 Unit: Conventional
- Significant Rental Increases Approved by HUD
- Operational and Physical Value-Add Upside
- Seller Financing Available
Photos
Location
Agents
B
Brad SkenderianLicense # SA692958000 (AZ)
K
Kyle InmanLicense # SA691658000 (AZ)
Broker of Record
David Harrington
License # CO701910000 (AZ)Matthews Real Estate Investment Services, Inc4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251