3230 N 66th Place, Scottsdale, AZ 85251

$3,060,000
List Price
$3,060,000
Status
ACTIVE
Days on Market
15
MLS#
6704982
City
Scottsdale
Year Built
1969

Property Description

9 on 66th Place was built in 1969 and underwent full-gut renovation in April of 2024. The property is made up of four buildings consisting of (3) duplexes and (1) triplex. The apartment community started leasing at the beginning of April and is already 50% leased. The community features a phenomenal unit mix of (1) 1-bedroom / 1-bathroom units, (7) 2-bedroom / 1.5-bathroom units, and (1) 2-bedroom / 2-bathroom unit. The interior for each unit in this community has been fully renovated down to the studs and features new flooring, flat panel & shaker cabinets, stainless steel appliance package, oversized luxury windows, in-unit washer and dryers, and more. The exterior boasts a new roof, tasteful desert landscaping, dual pane windows, electrical & panels, plumbing & private patios.

Additional Information

Taxes
$2,358
Net Operating Income
$152,287
Cap Rate
4.98
Units
9
Flooring
Vinyl
Parking Features
1 Space/Unit
Construction
Brick Veneer, Block
Roofing
Composition
Cooling
Electric
Heating
Electric
Zoning
R-5
Subdivision
Holiday Park
Community Features
No Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
Conventional
School District
Scottsdale Unified District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ABI Multifamily.

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