Your Arizona and Colorado Real Estate Company!
Address
2929 N 38Th Street Phoenix, AZ
Price
$ 6,400,000
Property Attributes
  • MLS#6051587
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCitrus Acres Lots 21-60
  • Zip85018
  • Style
  • Year Built1967
  • Taxes16766
  • Price$ 6,400,000
  • Bedrooms46
  • Full Bathrooms45
  • Half Bathrooms0
  • Sqr Footage20950
Listing Provided Courtesy Of:
ABI Multifamily
Property Description

The Tides at 38th is a 45-unit, garden-style apartment communitylocated in the strong East Phoenix rental submarket of Arcadia Lite. Thecommunity was constructed in 1967 using masonry block and fullyrepositioned in 2019. The property consists of (44) one-bed / one-bathand (1) two-bed / one-bath unit types. The property has been fullyrenovated with modern interiors which feature new shaker cabinets anda stainless-steel appliance package which includes a refrigerator,dishwasher, microwave, and gas range. Select units enjoy theconvenience of an in-suite washer and dryer and value-add for theproperty is available through the addition of washers and dryers to theremaining units.

Price History
3/17/2020 Listed $6,400,000

General Features

1 Bedroom Units: Avg Rent 981.00
2 Bedroom Units: Avg Rent 1150.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Features Pool(s)
Map Code/Grid P35
Net Income 351049.00
New Financing Other (See Remarks)
Owner Pays Water, Sewer, Electric, Trash Collection, Pool/Spa Maintenance
Parking >1 Space Per Unit
Property Type F
Public Remarks The Tides at 38th is a 45-unit
School District 014 - Creighton Elementary District
Status Active
Subdivision CITRUS ACRES LOTS 21-60
Tenant Pays Other (See Remarks)
Year Built 1967
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 44
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 450
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 1150
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave
Cooling Other (See Remarks)
Electric Other (See Remarks)
Floors Vinyl/Composition
Gas Other (See Remarks)
Heating Other (See Remarks)
Total Number of Units 45.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions unknown
Roof Comp Shingle, Other (See Remarks), Shake
Sewer Sewer - Public
Total Parking Spcs 46.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85018

Price
AVG $2.38M
$6.4M
Taxes
AVG $5,733
$16,766
Visits
AVG 47
71
Year Built
AVG 1974
1967

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