Phoenix,  AZ

Garfield Court

8 unit multifamily in downtown phx

REIM is pleased to offer for sale Roosevelt Square, a 7-unit, value-add deal in the Phoenix core. Family friendly and easy to rent, Roosevelt Square sits exactly across the street from Alta E. Butler Elementary School. The owners have done significant improvements to the property including paving, painting, plumbing, some new ACs, and all new electric panels. Two of the unit interiors were renovated to give an upside in rents. There is room for a new owner to continue the renovation program for continued lift. Tenants have easy access to the employment centers of downtown Phoenix as well as the West side. I-10 is just a few blocks away. Don’t hesitate – deals at this price per unit are rare in this market!

NUMBER OF UNITS

8

YEAR BUILT

1984

NET RENTABLE SF

3,850 SF

PRICE

$1,800,000

PARCEL SIZE

.32 Acres