2102 W Adams St, Phoenix, AZ 85009

unique w downtown phoenix area 16 unit complex. new construction across the street. 9 of the 16 units have recently been upgraded with mostly newer roofs. exudes upside potential. attractive seller financing is available up to 55% ltv +/-. the opportunity consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7811 total +/-. nine buildings on six contiguous lots (36,400 total sf +/-). ample interior surface parking. three duplex buildings line adams st (6). four duplexes line 21st ave with one sf house (9). 2105 w monroe is the 16th unit. (usps addresses differ). all separate electric/gas. four water meters. zoned r-3. add units or split up the complex. another option is assumable agency debt (3.87%; $1,200,00 balance; 2032 balloon). long-term owner. value-add with pro forma #'s.