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  • DESCRIPTION

    The DC is a 35-unit apartment community located in the heart of North Central Phoenix on a nice, clean, quiet street where many revitalization efforts are taking place. It is less than 1 mile from 3 different light rail stations with the closest one being less than a half-mile away. The Christown Spectrum Shopping Center is approximately 3/5 of a mile away, featuring Costco, Target, Walmart, Harkins Theaters, and the light rail Park & Ride. The property's central location allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining (the famed 7th Street Restaurant Row is less than 2 miles away), shopping, and entertainment options, as well as multiple freeway access points within minutes, The DC is an extremely desirable property for residents.

    KEY DETAILS
    • Price:
    • $6,200,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 1963
    • MLS #:
    • 5946049
    • Street Address:
    • 1518 W Colter St
    • City:
    • Phoenix
    • State:
    • AZ
    • Postal Code:
    • 85015
    • County:
    • Maricopa
    • Subdivision:
    • Nile Tract Blk 2
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Block
    • Flooring:
    • Ceramic Tile, Vinyl/Composition
    • Interior Features:
    • Unfurnished
    • Number Of Units:
    • 35.00
    • Siding:
    • Painted
    • Type Of Roof:
    • Foam, Rock, Rolled
    • Year Built:
    • 1963

    Business

    • Adjusted Gross Income:
    • 419512.40
    • Net Operating Income:
    • 342754.00
    • Operating Expense:
    • 14978.50

    Land

    • Conforms To Zoning:
    • R-3

    Listing

    • Community Features:
    • No Pool
    • Included In Sale:
    • Land & Building, Laundry Equipment
    • Terms:
    • Conventional

    Money

    • Property Taxes:
    • $14,978
    • Tenant Pays:
    • Electric, Gas

    Structures

    • Covered Parking Spaces:
    • 35.00
    • Parking Description:
    • 1 Space/Unit, Carport
    • Parking Spaces:
    • 88.00

    Systems

    • Appliances:
    • Bi Oven/Range, Refrigerator, Disposal, Microwave, Washer/Dryer
    • Cooling System:
    • Individual
    • Electricity:
    • Aps
    • Existing Water:
    • City Franchise
    • Gas:
    • Sw Gas
    • Heating:
    • Individual
    • Sewage Type:
    • Sewer - Public

    Source

    • Listings Provided by Abi Multifamily

      ARMLS
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    SCHOOL DISTRICT: 001 - PHOENIX ELEMENTARY DISTRICT

    NOTES

    No notes have been added for this home.

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