10-Unit Value-Add Apartment
For Sale
Contact for pricing
Pending
15825 N 25th St, Phoenix, AZ 85032
Ten-unit multifamily property is currently 100% occupied and managed by GoRenter, with opportunities to optimize income and water costs.
Days on Market110
Property Features for 15825 N 25th St
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
10
Listing Agency:
Waller Group Homes
(214) 818-4109
Listed By:
Logan Waller · License #TX 0479147
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 29 at 5:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waller Group Homes
Investment Insights
Based on property information with market context.
This 10-unit apartment building is offered as a value-add investment and is currently 100.0% occupied. The property is managed by GoRenter, which has agreed to remain in place for new ownership. According to the provided financial summary, current ownership is achieving $92,132 in annual NOI, and there are stated opportunities for new ownership to increase NOI through rent adjustments based on area rent comps, as well as implementing a ratio utility billing system to add income fees. Additional cost-saving opportunities highlighted include water conservation measures such as updates on faucets, showers, and low flow toilets.
The property is located in the Paradise Valley Village neighborhood of Phoenix, Arizona. It is described as a residential suburb, with proximity to Paradise Valley Community College and two nearby preserves, including Lookout Mountain Preserve and Phoenix Mountain Preserve. The asset is also noted to be near Paradise Valley Mall.
The property is located in the Paradise Valley Village neighborhood of Phoenix, Arizona. It is described as a residential suburb, with proximity to Paradise Valley Community College and two nearby preserves, including Lookout Mountain Preserve and Phoenix Mountain Preserve. The asset is also noted to be near Paradise Valley Mall.
Key Highlights
- 10‑unit multifamily property in Phoenix, AZ, 100% occupied
- Currently generating $92,132 in annual NOI; GoRenter managing and agreed to stay for new ownership
- New ownership can raise rents by $156 per unit (about $0.20/SF bump), targeting $121,521 annual NOI
Property Analytics
Current Use
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten-unit multifamily property is currently 100% occupied and managed by GoRenter, with opportunities to optimize income and water costs.
Where is this apartment building located?
The property is located at 15825 N 25th St Phoenix, AZ.
What are key features of this property?
This property features: 10‑unit multifamily property in Phoenix, AZ, 100% occupied; Currently generating $92,132 in annual NOI; GoRenter managing and agreed to stay for new ownership; New ownership can raise rents by $156 per unit (about $0.20/SF bump), targeting $121,521 annual NOI
