E Marlette Multifamily
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E Marlette Multifamily
2 Multifamily Properties Offered at $4,181,536 CAD in Phoenix, AZ
Executive Summary
719 E Marlette Apartments sits directly in the middle of Uptown Phoenix. It's just off the famed 7th Street Corridor and Restaurant Row, and it's only 3/4 of a mile away from the original The Yard and Culinary Dropout concepts that were the force for the massive growth on 7th Street and Restaurant Row. There are many great restaurants nearby such as The Womack (an amazing tribute to the iconic Phoenix bar Chez Nous), MORA Italian, Doughbird, Loco Patron and so much more. This property sits in the heart of it all! The location is as popular as it gets, and allows residents to easily enjoy what Central Phoenix has to offer.
Portfolio sale consisting of two multifamily properties-
Existing 6 plex with an additional duplex on site. Duplex could be renovated or demoed for the development of additional units on this R-4 Site.
Additional duplex adjacent, with similar characteristics.
Portfolio sale consisting of two multifamily properties-
Existing 6 plex with an additional duplex on site. Duplex could be renovated or demoed for the development of additional units on this R-4 Site.
Additional duplex adjacent, with similar characteristics.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $4,181,536 CAD | Status | Active |
| Price / SF | $482.97 CAD / SF | Number of Properties | 2 |
| Sale Conditions | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 3.01% | Total Building Size | 8,658 SF |
| Sale Type | Investment | Total Land Area | 0.94 AC |
| Price | $4,181,536 CAD |
| Price / SF | $482.97 CAD / SF |
| Sale Conditions | Redevelopment Project |
| Cap Rate | 3.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,658 SF |
| Total Land Area | 0.94 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 719 E Marlette Ave, Phoenix, AZ 85014 | Multifamily | 6,109 SF | 1968 | - |
| 733 E Marlette Ave, Phoenix, AZ 85014 | Multifamily | 2,549 SF | 1958 | - |
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E Marlette Multifamily
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