2014 W BERRIDGE Lane, Phoenix (85015)
$5,760,000
PROPERTY DETAILS
| Address: |
view address Phoenix, AZ 85015 Map Location |
Features: | Air Conditioning |
|---|---|---|---|
| Year Built: | 1961 | Property Type: | Multi Family |
| Neighborhood: | PARK MARYLAND AMD | County: | Maricopa |
| List Date: | 2024-04-07 | Listing Number: | 6688318 |
PROPERTY DESCRIPTION
Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.
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Interior
Appliances
| Appliances: | Washer/Dryer, Microwave |
Features
| Flooring: | Vinyl |
Cooling & Heating
| Cooling features: | Central Air, Electric | Heating features: | Electric |
| Heating: | Yes |
Exterior
Exterior and Lot
| Construction Materials: | Brick Veneer, Block, Stucco, Stone | Roof: | Built-Up |
Property and Lot Details
Features
| Community Features: | Clubhouse, Pool |
Other
| Sewer: | Public Sewer |
Fee
| Annual Tax: | 7188 |
Building Information
| Year Built: | 1961 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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