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1714 N 32nd St 5 Unit Apartment Building $1,234,142 CAD ($246,828 CAD/Unit) 6.70% Cap Rate Phoenix, AZ 85008

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INVESTMENT HIGHLIGHTS

  • Updated units
  • New Roof installed in 2021
  • Large lot to add 2 additional units (R-3 Zoning)

EXECUTIVE SUMMARY

5 Units » All Units Updated in the past 2 years » In-Unit Laundry/Hook-Ups » New Roof 2021 » Massive Lot for Expansion » High-Demand Area » Growth Play » Collect cash flow while planning your value-add or expansion strategy. (NOI reflects full lease-up, which we're approaching through ongoing marketing efforts and prospective tenant applications.)

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,234,142 CAD
Price Per Unit $246,828 CAD
Sale Type Investment
Cap Rate 6.70%
Sale Condition Redevelopment Project
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Low-Rise
Building Class B
Lot Size 0.41 AC
Building Size 2,813 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1950/2025
Parking Ratio 3.2/1,000 SF
Zoning M-M - R-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Washer/Dryer
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Satellite TV
  • Oven
  • Range
  • Tub/Shower
  • Built-In Bookshelves
  • Freezer
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Trash Pickup - Curbside
  • Public Transportation
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $2,027 CAD 400
2+1 1 $2,130 CAD 800
3+1 1 $2,275 CAD 1,000
Studios 1 $1,289 CAD 300
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
120-20-030A
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$19,727 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 35506986

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: 1714 N 32nd St, Phoenix, AZ 85008

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