2516 N 48th Pl., Phoenix, AZ 85008

2516 N 48th Pl., Phoenix, AZ 85008
Photo 1 of 1
$650,000
Sold on 12/15/20
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,688 1959
On the market: 112 days
View full details, 15 photos, school info, and price history
Welcome to Stafford Village Apartments. On this parcel sits 2 duplexes in the convenient neighborhood of Papago Village in Arcadia Lite. The unit mix consist of one 3 bed/2bath, one 2 bed/1 bath and two 1bed/1bath apartments. Property features updated kitchen & bath, laminate OR sealed concrete flooring, all block construction, covered parking, updated windows, stainless steel appliances, washer dryer hook-up and central A/C. Cap Rate on current rent estimated at 5.18%, with rents of $1012 (x2 for 1 beds), $1075 (for the 2 bed), and $1385 (for the 3 bed) per month. ProForma Cap Rate estimated at 6.51%, based on market rents of $1150, (x2), $1400, and $1600, respectively. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only
Listing courtesy of Joshua Willets & Sophia Willets, Grace CRE & Grace CRE