302 W Medlock Dr, Phoenix, AZ 85013

Rosecrest Apartments

Welcome to Rosecrest Garden Style Apartment Complex. Excellent Investment Property with 15 units, 3buildings, cash flow, most units have been updated,NEW ROOF, long term tenants, block construction,and ample parking. Close to Camelback Village Square, Light-Rail, Bus Stop, and Freeways. Each unitis separately metered for electricity and gas. Property covers cost of water, sewer, and trash collection.Meticulous desert landscape and well maintained units.

Price: $1,798,000

Central phoenix location with access to light rail

View the full listing here: http://www.loopnet.com/Listing/302-W-Medlock-Dr-Phoenix-AZ/12351474/

Price: $1,798,000

No. Units: 15

Property Type: Multifamily

Property Sub-type: Apartments

Apartment Style: Low Rise

Building Class: C

Sale Type: Investment

Cap Rate: 7.97%

Lot Size: 0.43 AC

Building Size: 9,460 SF

Sale Conditions: [object Object]

Gross Rent Multiplier: 12

No. Beds: 15

No. Stories: 1

Year Built: 1960

302 W Medlock Dr, Phoenix, AZ 85013

Property Details

Rosecrest Apartments

Unit/Room Mix Information

Description No. Units Avg. Rent/Mo Sq. Ft1+1 15 $767.00 496

2+1 15 $950.00 700

2+2 15 $975.00 735

302 W Medlock Dr, Phoenix, AZ 85013

Rosecrest Apartments

302 W Medlock Dr, Phoenix, AZ 85013

Location

Rosecrest Apartments

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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302 W Medlock Dr, Phoenix, AZ 85013

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Rosecrest Apartments