7238 Belleview St Scottsdale, AZ 85257

This exceptional Scottsdale, Arizona multifamily investment comprises three fourplex buildings totaling 12 units situated on contiguous parcels totaling 0.48 acres. The property, boasting 8,025 square feet, features a mix of nine one-bedroom, one-bathroom units (625 sq ft each) and three two-bedroom, one-bathroom units (800 sq ft each). Built in 1962 and extensively renovated in 2023, the buildings are in excellent condition, presenting a strong foundation for immediate cash flow and future value appreciation. The location in South Scottsdale offers a desirable tenant base with strong income demographics, further enhanced by proximity to significant developments like the Papago Plaza Redevelopment and Skysong Business Center. High traffic counts on nearby Scottsdale Road (32,058 vehicles per day) and McDowell Road (30,097 vehicles per day) underscore the property's strategic position. The units' clean condition provides investors with various value-add opportunities, including interior renovations and the creation of private patios. This portfolio presents a compelling investment with multiple exit strategies, offering a blend of immediate return and long-term growth potential. The asking price is $3,500,000.