Gated 14-Unit Apartment
1402 W Polk St Phoenix, AZ 85007
For Sale
Contact for pricing
Pending
Gated 14-unit apartment building with renovated unit upgrades and a laundry room renovation in progress.
Days on Market109
Property Features for 1402 W Polk St
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Dunlap & Magee est 1976
Listed By:
Kristi Thames · License #584117000
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 27 at 3:07PM
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 Dunlap & Magee est 1976
Investment Insights
Based on property information with market context.
This for-sale apartment building includes 14 units, with 8 units upgraded to a “classic” finish. Improvements completed by the current owner include asphalt work in 7/2021, full exterior paint and fascia repairs in 4/2022, and unit upgrades completed on 12/2021. Upgrades in the renovated units include new appliances, replaced or repaired kitchen shaker cabinets, new bathroom cabinets and vanities, and new fixtures in each unit. The laundry room is currently being renovated with two new washers and two new dryers installed.
The property is gated with electronic keypad access and a security camera system. Parking totals 16 spaces across the front and rear. Utilities are included currently, and the electric is individually metered and can be charged to residents with new ownership.
Exterior tours are permitted for discreet viewing, and property tours are scheduled by appointment only. The seller will review all offers, and seller financing is available with terms.
The property is gated with electronic keypad access and a security camera system. Parking totals 16 spaces across the front and rear. Utilities are included currently, and the electric is individually metered and can be charged to residents with new ownership.
Exterior tours are permitted for discreet viewing, and property tours are scheduled by appointment only. The seller will review all offers, and seller financing is available with terms.
Key Highlights
- 14‑unit gated apartment building with electronic keypad access and security camera system
- Most recent comps show $860/month current rents; signed renewal leases at $1,032/month
- Laundry room renovation in progress with 2 new washers and 2 new dryers
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Gated 14-unit apartment building with renovated unit upgrades and a laundry room renovation in progress.
Where is this apartment building located?
The property is located at 1402 W Polk St Phoenix, AZ.
What are key features of this property?
This property features: 14‑unit gated apartment building with electronic keypad access and security camera system; Most recent comps show $860/month current rents; signed renewal leases at $1,032/month; Laundry room renovation in progress with 2 new washers and 2 new dryers
