WESTGATE LIVING | 7010 N 80th Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
WESTGATE LIVING 7010 N 80th Ave
10 Unit Apartment Building $4,961,145 CAD ($496,114 CAD/Unit) 6.17% Cap Rate Glendale, AZ 85303
Investment Highlights
- BRAND NEW 2024 BUILD
- CASHFLOW POSITIVE
- CORNER LOT (NO HOA)
- TROPHY ASSET PROPERTY
- PRIME LOCATION (right on GLENDALE AVE.)
- 5 SEPARATE BUILDINGS
Executive Summary
OWN THIS TROPHY ASSET PROPERTY right on GLENDALE AVENUE. BRAND NEW w/ Builder Warranty. CASH FLOW POSITIVE 10 UNITS APARTMENT. Prime Location. Corner Lot. NO HOA. All 10 units are 2 BEDS/ 1 BATH. It is 1,026 total sq ft (Livable = 870 sq ft) & has the same beautiful layout. New owner can increase rent on this CLASS A PROPERTY. FULL SIZE KITCHEN w/ islander, pantry & soft closed cabinets. Stainless steel appliances. Quartz countertop. Luxury Vinyl Plank throughout unit. INSIDE LAUNDRY ROOM. ENERGY-EFFICIENT. MODERN STYLE. OPEN FLOOR PLAN. CEILING FANS IN THE LIVING ROOM, BEDROOM 1 & 2. NEW HVAC. Digital WIFI Thermostat. NEW PAINT. NEW FLOOR. NEW EVERYTHING! 5 SEPARATE BUILDINGS. 5 TOP UNITS (w/ 2 front & back COVERED BALCONIES) & 5 BOTTOM UNITS (w/ 2 front & back COVERED PATIOS). Large enclosed parking area. There are play & community areas!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$306,174
|
$61.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$306,174
|
$61.23
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $306,174 |
| Annual Per SF | $61.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $306,174 |
| Annual Per SF | $61.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $4,961,145 CAD | Building Class | A |
| Price Per Unit | $496,114 CAD | Lot Size | 0.57 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 6.17% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 6/1,000 SF |
| Apartment Style | Townhome |
| Price | $4,961,145 CAD |
| Price Per Unit | $496,114 CAD |
| Sale Type | Investment |
| Cap Rate | 6.17% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 0.57 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 6/1,000 SF |
Amenities
- Ventilation - Venting
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Yard
- Breakfast Nook
- Deck
- Dining Room
- Family Room
- Island Kitchen
- Pantry
- Patio
- Porch
- Smoke Free
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $2,551 CAD | 1,026 |
1 of 1
PROPERTY TAXES
| Parcel Number | 142-27-007X | Improvements Assessment | $0 CAD |
| Land Assessment | $9,057 CAD | Total Assessment | $9,057 CAD |
PROPERTY TAXES
Parcel Number
142-27-007X
Land Assessment
$9,057 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,057 CAD
zoning
| Zoning Code | M-H |
| M-H |
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
WESTGATE LIVING | 7010 N 80th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.