1821 W Hadley Street, Phoenix, AZ 85007

$7,200,000
72
BD
48
BA

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List Price
$7,200,000
Status
ACTIVE
Days on Market
4
MLS#
7094017
City
Phoenix
Bedrooms
72
Bathrooms
48
Year Built
2026

Property Description

Welcome To ''Westline Luxury Residences'' A Community Of Twelve 3-Bed, 2-Bath, 2-Car Garage Homes & 12 Detached 3-Bed, 2-Bath ADUs On 12 Platted Parcels. Estimated 6.89% Projected Cap Rate. $568,800 Projected Annual Base Rent Plus $53,280 In Annual Utility Reimbursements. Two Rental Income Streams Per Parcel W/ Separate Addresses & Entrances. Front Homes W/ 2-Car Garages; Rear Homes W/ Alley Access. Gorgeous Luxury Vinyl Flooring, Granite Counters, Soft-Close Cabinets, All Stainless Appliances, Plus Washer & Dryer. No HOA! Core Phoenix Location Near I-10 & I-17. Delivered Complete. Pro Forma Projections Available, (Not Guaranteed). Bulk Sale: All 12 Parcels Convey Together At $7.2M. Primary APN 112-13-090-J (1821 W Hadley St) Plus Parcels D, E, F, G, H, K, L, M, N, P, Q. Virtual Staging Us

Additional Information

Taxes
$508
Net Operating Income
$600,480
Cap Rate
8.34
Units
24
Parking Features
Garage Door Opener, See Remarks, Attached Garage
Construction
Brick, Wood Frame, Painted, Wood Siding
Roofing
Composition
Cooling
Central Air, Electric
Heating
Electric, Forced Air
Zoning
ADU
Subdivision
North Grier Place
Community Features
No Pool
Electric
APS
Water
City Franchise
Sewer
Septic in & Cnctd
Tenant Pays
Water, Electricity, Trash Collection, Cable TV
New Financing
Conventional, 1031 Exchange, Cash
Elementary School
Kenilworth Elementary School
Middle School
Magnet Traditional School
High School
Central High School

Courtesy of RE/MAX Fine Properties. 480-792-9500

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