Realmo Analytics
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Property summary
This exceptional 50-unit apartment complex presents a compelling value-add investment opportunity in the vibrant Central Phoenix corridor. The property, built in 1967 and renovated in 2017, boasts 21,474 net rentable square feet across four two-story buildings situated on a 1.01-acre lot. With a current occupancy rate of 95% and a pro-forma NOI of $522,675, this asset offers significant potential for increased profitability. The property features a mix of studio and one-bedroom units,… catering to a diverse renter base. Conveniently located at 3024 N 24th Street, the property benefits from high visibility on a major thoroughfare with a daily traffic count of 28,705 vehicles. Ample parking is provided with 42 spaces. The strategic location offers easy access to major freeways (SR 51 and I-10), Phoenix Sky Harbor International Airport (10-minute drive), and renowned shopping destinations like Biltmore Fashion Park. Nearby amenities include numerous restaurants, parks (Coronado, Perry, Los Olivos), grocery stores (Fry's, Sprouts, Whole Foods), and prominent medical facilities (St. Luke's Medical Center, Phoenix Children's Hospital). Educational institutions such as William T. Machan Elementary, Phoenix Christian School, Camelback High School, Arizona State University's Downtown Campus, and Grand Canyon University are also within close proximity. The property is zoned C-2, offering flexibility for future development. The asking price is $9,503,000, representing a price per square foot of $433.87. This is a rare opportunity to acquire a well-positioned multifamily asset with substantial upside potential in a thriving Phoenix neighborhood.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Nov 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 21,903 SF
- Lot area
- 1.01 ac
- Year built
- 1967
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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