12-Unit Apartment
For Sale
Contact for pricing
4204 N 17th St, Phoenix, AZ 85016
Twelve-unit apartment complex offered with the option to purchase with a master-lease tenant in place or vacant delivery.
Property SizeContact for details
Days on Market123
Property Features for 4204 N 17th St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
12
Listing Agency:
SVN | Desert Commercial Advisors
(602) 327-0325
Listed By:
Carrick Sears · License #AZ BR633405000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:40AM
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 SVN | Desert Commercial Advisors
Investment Insights
Based on property information with market context.
This 12-unit apartment complex is available for sale as either a master-leased property or a vacant-delivery option. The building is currently fully occupied under a master lease that covers every unit. Under the master lease, the tenant is responsible for utilities, unit turns and turnover, and general repairs and maintenance.
The ownership structure also includes landlord responsibilities for taxes, building insurance, landscaping, and capital expenditures tied to natural wear and tear. The property may be sold with the tenant in place, or it may be delivered 100% vacant; if the option to remove the tenant is exercised, the units will be cleaned and general repairs and maintenance will be completed prior to close of escrow.
The remarks also indicate the master-lease program is subsidized by the government and has operated in the building for over 15 years.
The ownership structure also includes landlord responsibilities for taxes, building insurance, landscaping, and capital expenditures tied to natural wear and tear. The property may be sold with the tenant in place, or it may be delivered 100% vacant; if the option to remove the tenant is exercised, the units will be cleaned and general repairs and maintenance will be completed prior to close of escrow.
The remarks also indicate the master-lease program is subsidized by the government and has operated in the building for over 15 years.
Key Highlights
- 12‑unit apartment complex at 4204 N 17th St, with option to sell with a master‑lease tenant or receive 100% vacant delivery.
- Master lease currently occupies every unit in the building.
- If tenant removal is exercised, all units will be cleaned, and general repairs and maintenance will be completed before close of escrow.
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
Explore this area
Business Placement
Demographics for 85016, AZ
37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Twelve-unit apartment complex offered with the option to purchase with a master-lease tenant in place or vacant delivery.
Where is this apartment building located?
The property is located at 4204 N 17th St Phoenix, AZ.
What are key features of this property?
This property features: 12‑unit apartment complex at 4204 N 17th St, with option to sell with a master‑lease tenant or receive 100% vacant delivery.; Master lease currently occupies every unit in the building.; If tenant removal is exercised, all units will be cleaned, and general repairs and maintenance will be completed before close of escrow.
