6628 S 10th St. #21-22, Phoenix, AZ 85042

Subject property consists of two contiguous parcels, addressed 6628 S 10th St (APN 114-24-011-A) & 6636 S 10th St (APN 114-24-012-C). Opportunity to purchase or become a joint venture partner on this 1.32-acre property in the heart of this rapidly growing South Phoenix neighborhood! Owner is open to seller financing! Located just east of 7th Street between Southern Ave and Baseline Rd, this property consists of two contiguous parcels, both zoned for multifamily use (R-3). There are currently short-term leases in place which are ideal for helping to cover costs until a developer is ready to break ground on the site. There are initial plans to build 20 units, with the potential of working with the city for an allowance of additional units. Located just east of 7th St in South Phoenix, this area is seeing growth and development in tandem with the South Central Extension of the Light Rail, set to be completed in 2025. Along with the Light Rail soon to be blocks away, this site is minutes away from multiple parks like El Reposo Park, as well as retail & shopping off Baseline Rd, and access to the popular South Mountain for outdoor activities. Please reach out to the listing agent for more info on JV partnership opportunities, seller-carry terms, in-place leases, and anything else.