15825 N 25th St Phoenix, AZ 85032

Listing agency Waller Group Homes l***@loganwaller.com Show Phone

Listed by Logan Waller · License #TX 0479147

Source Crexi

Added: Apr 12 Updated: Jul 21 at 5:49AM Checked: Jul 22 at 2:46PM

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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.

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

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FAQs

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