2014 W Berridge Ln., Phoenix, AZ 85015

2014 W Berridge Ln., Phoenix, AZ 85015
Photo 1 of 52
$5,400,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $7,188 1961
On the market: 212 days

Est. Monthly Payment:

$31,477($30,878 + $599 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.
Listing courtesy of Collin Corsmeier, HomeSmart