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Casa Cibola 3202-3208 N 68th St 9 Unit Apartment Building $2,871,276 CAD ($319,031 CAD/Unit) Scottsdale, AZ 85251
Investment Highlights
- Renovations completed in 2 studio units, 1 one-bed/one-bath, and 1 two-bed/one-bath unit
- Updated or refinished cabinets and countertop in select units
- New flooring, window coverings and in-unit washer and dryer installations in select units
- Excellent value-add potential for future rent growth and appreciation
Executive Summary
Kidder Mathews is proud to present Casa Cibola, a boutique 9-unit multifamily community in the heart of Old Town Scottsdale
Set within one of Scottsdale’s most historic neighborhoods, Casa Cibola blends historic charm with modern appeal, offering investors a well-located light value-add opportunity supported by strong fundamentals, walkable amenities, and lasting tenant demand.
PROPERTY HIGHLIGHTS
• Studio, one-bedroom, and two-bedroom floor plans with mid-century character
• Renovations completed in 2 studio units, 1 one-bed/one-bath, and 1 two-bed/one-bath unit
• Water-efficient common area landscaping
• New flooring and window coverings in select units
• In-unit washer and dryer installations in select units
• Updated or refinished cabinets and countertops in select units
Set within one of Scottsdale’s most historic neighborhoods, Casa Cibola blends historic charm with modern appeal, offering investors a well-located light value-add opportunity supported by strong fundamentals, walkable amenities, and lasting tenant demand.
PROPERTY HIGHLIGHTS
• Studio, one-bedroom, and two-bedroom floor plans with mid-century character
• Renovations completed in 2 studio units, 1 one-bed/one-bath, and 1 two-bed/one-bath unit
• Water-efficient common area landscaping
• New flooring and window coverings in select units
• In-unit washer and dryer installations in select units
• Updated or refinished cabinets and countertops in select units
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) 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 (Actual - 2025) 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 | $2,871,276 CAD | Building Class | C |
| Price Per Unit | $319,031 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 6,204 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1958 |
| Apartment Style | Low-Rise | Parking Ratio | 1.93/1,000 SF |
| Zoning | R-5, Scottsdale - Residential | ||
| Price | $2,871,276 CAD |
| Price Per Unit | $319,031 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,204 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.93/1,000 SF |
| Zoning | R-5, Scottsdale - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Tub/Shower
- Patio
- Vinyl Flooring
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 472 |
| 1+1 | 2 | - | 500 |
| 2+1 | 4 | - | 760 |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 130-09-037A | Total Assessment | $47,736 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
130-09-037A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$47,736 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Casa Cibola | 3202-3208 N 68th St
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