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9238 N 7TH Avenue Phoenix, AZ 85021

  • 8 No. of Units
  • Lot Size: 134x100
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MultiFamily-Active $ 832,000

MLS#: 5884856

Courtesy of: Orion Investment Real Estate

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Description

Potential 8 CAP in Central Corridor Phoenix! Shangri-la is a high performing investment opportunity with immediate value-add upside. Buyer can substantially increase a portion of the rents to maximize rental income and can potentially build more units. Shangri-la sits just over half a mile away from HonorHealth John C. Lincoln Medical Center, a 266-bed, full service hospital and all the retail shops which support it. Just steps from Shangri-la are the Grand Canal and the North Mountain & Shaw Butte Trailheads, which provide miles of hiking and biking trails ranging from easy to difficult. Shangri-la is a delightful community, tastefully renovated in the heart of major employment and situated for the active lifestyle tenant.

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  • 3E
  • 30

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