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Investment Highlights

  • MAXIMIZING CURRENT LEASE REVENUE, THIS IS A GREAT COVERED LAND PLAY
  • IDEAL FOR INVESTOR SEEKING REPOSITIONING OPPORTUNITY
  • SECTION 8 TENANT CURRENTLY OCCUPYING
  • FLEXIBLE FINANCING OPTIONS: RESIDENTIAL/ FHA/ VA
  • POTENTIAL TO DELIVER STRONG RETURNS UPON RENOVATION/ REDEVELOPMENT
  • COLLECTED RENT PER MONTH: $1,795

Executive Summary

- MAXIMIZING CURRENT LEASE
REVENUE, THIS IS A GREAT COVERED
LAND PLAY
- FLEXIBLE FINANCING OPTIONS:
RESIDENTIAL/ FHA/ VA
- IDEAL FOR INVESTOR SEEKING
REPOSITIONING OPPORTUNITY
- LOCATED IN GROWING RESIDENTIAL
AREA OF SOUTH PHOENIX
- POTENTIAL TO DELIVER STRONG
RETURNS UPON RENOVATION/
REDEVELOPMENT
- SECTION 8 TENANT CURRENTLY
OCCUPYING
- COLLECTED RENT PER MONTH: $1,795

Property Facts

Price $632,168 CAD
Price Per Unit $158,042 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.57 AC
Building Size 5,426 SF
Average Occupancy 43%
No. Stories 1
Year Built 1954
Zoning R-6 - R-6, Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+2 1 - -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 114-28-094
  • 114-28-092
  • 114-28-090
Land Assessment
$2,945 CAD
Improvements Assessment
$0 CAD
Total Assessment
$20,884 CAD
  • Listing ID: 38635895

  • Date on Market: 2025-12-03

  • Last Updated:

  • Address: 6243 S 12th Pl, Phoenix, AZ 85042

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