MLS® ID: 5855203
1803 N 31ST Place
Phoenix, Arizona, 85008 $1,250,000
Lee & Associates is pleased to present the opportunity to acquire Spanish Place Apartments which possesses 14, single story apartment units. Two of the models units have been recently renovated and leased. The remaining 12 units which are unrenovated, with most in a ''shell'' condition offer an investor the opportunity to immediately rehab these units. This property has tremendous value-add potential primarily through capital infusion for interior unit remodel. The owner also owns the adjacent buildable lot to the north which can be purchased independent of the 14 existing units.Tours by appointment only. Please do not disturb tenants.