Eleven-Unit Multifamily Investment
For Sale
Contact for pricing
1232 Hayden Rd, Scottsdale, AZ 85257
Eleven-unit complex with value-add potential in a prime location.
Property SizeContact for details
Days on Market867
Property Features for 1232 Hayden Rd
General Information
Standard status
Active
Class
B
Property subtype
Multifamily
Zoning
M-H
Building Details
Year Built
1963
Listing Agency:
Grace CRE
(480) 567-4626
Listed By:
Sophia Willets · License #BR 64886600
Source:
Crexi
Added: Apr 12, 2024
Changed: Aug 26
Last Checked: Aug 26 at 3:14AM
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 Grace CRE
Investment Insights
Based on property information with market context.
This eleven-unit complex features one-bedroom, one-bath units, each approximately 519 square feet. Upgrades have been made, including sheathing and roofing work, new exterior paint, patio supports, exterior doors on storage, and repairs to stucco, fascia, and gables, with over $40,000 spent. This property presents a value-add opportunity to increase rents. The property is located in Scottsdale, Arizona.
Key Highlights
- Eleven‑unit complex offering immediate rental income.
- Significant recent upgrades including sheathing/roofing, exterior paint, and structural repairs.
- Substantial potential to increase rents (currently $1300-$1550 below market).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 85257, AZ
29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
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 - Eleven-unit complex with value-add potential in a prime location.
Where is this apartment building located?
The property is located at 1232 Hayden Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,575,000.
What are key features of this property?
This property features: Eleven‑unit complex offering immediate rental income.; Significant recent upgrades including sheathing/roofing, exterior paint, and structural repairs.; Substantial potential to increase rents (currently $1300-$1550 below market).
