510 E Hatcher Road Unit OFC, Phoenix, AZ 85020
- $3,200,000
- 36
- BD
- 24
- BA
- List Price
- $3,200,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7086417
- City
- Phoenix
- Bedrooms
- 36
- Bathrooms
- 24
- Year Built
- 1985
Property Description
Hatcher Heights is a 24-unit, three-story garden-style apartment community in North Phoenix's Sunnyslope area, across from HonorHealth John C. Lincoln Medical Center and walking distance to Sunnyslope High School and the Arizona Canal Trail. Built in 1985 and renovated in 2022, the property offers 12 one-bed/one-bath and 12 two-bed/one-bath units averaging 599 SF. Capital improvements include a new permitted gate, parking lot and block wall, new windows, and replaced plumbing and drain lines. All units have been renovated or turned, and the community laundry room was fully renovated. Units are individually metered for electricity; two units have in-suite washer/dryers, with panels in place to add them to the rest. Near I-17, SR-51 and North Mountain.
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Additional Information
- Taxes
- $7,995
- Net Operating Income
- $219,366
- Cap Rate
- 6.86
- Units
- 24
- Parking Features
- Paved, >1 Space Per Unit, Off Street
- Construction
- Wood Frame, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Varies by Unit
- Heating
- Varies by Unit, Central
- Zoning
- R-5
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- Master Meter, City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Electricity
- New Financing
- Conventional, Cash
- Elementary School
- Sunnyslope Elementary School
- Middle School
- Sunnyslope Elementary School
- High School
- Sunnyslope High School
Courtesy of ABI Multifamily. 602-714-1400
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