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Renovated Multifamily Property with Yards

13913 N Primrose St El Mirage, AZ 85355

13913 N Primrose St, El Mirage, AZ, 85355
$5,850,000
For Sale
$5,850,000

32-unit multifamily property renovated in 2022, featuring private yards.

Days on Market47

Property Features for 13913 N Primrose St

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency Phoenix Office
Listed by Paul Bay · License #License(s): AZ: SA671037000
Source Marcusmillichap
Added: Jun 1 Checked: Jul 15 at 1:20 am

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 Phoenix Office


Investment Insights

Based on property information with market context.

Constructed in 1980 and renovated in 2022, this property, known as West Edge at Thunderbird, comprises 32 units. The units average 448 square feet. Each unit includes large private yards and in-suite laundry in select units. The property has undergone interior and exterior renovations with capital expenditures of just over $30,000 per unit during the current hold. Future ownership has the opportunity to upgrade 23 of the units to include in-suite laundry and benefit from future rent growth associated with the continued economic boom experienced in North West Phoenix.

Key Highlights

  • Renovated in 2022 with over $30,000 per unit in capital expenditures.
  • Opportunity to upgrade 23 units to include in‑suite laundry.
  • Potential for future rent growth due to the economic boom in North West Phoenix.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center Pharmacy Skin Care Clinic Nail Salon Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 32-unit multifamily property renovated in 2022, featuring private yards.
Where is this apartment building located?
The property is located at 13913 N Primrose St El Mirage, AZ.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: Renovated in 2022 with over $30,000 per unit in capital expenditures.; Opportunity to upgrade 23 units to include in‑suite laundry.; Potential for future rent growth due to the economic boom in North West Phoenix.
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