3220 N 66th Place, Scottsdale, AZ 85251
- $3,105,000
- List Price
- $3,105,000
- Days on Market
- 123
- Status
- ACTIVE
- MLS#
- 7014299
- City
- Scottsdale
- Subdivision
- Holiday Park
- Year Built
- 1958
Property Description
This offering presents a rare opportunity to acquire a 15-unit multifamily asset located in a highly desirable Scottsdale submarket near Old Town, Arcadia, and major employment corridors. Situated on a sizable fee simple parcel, the property offers investors the ability to capitalize on strong in-place rental income while executing a value-add strategy through renovations and operational improvements. The asset consists of a well-located apartment community with significant upside potential through unit upgrades, rental increases, and improved management efficiencies. With continued population growth and demand in the Scottsdale/Phoenix market, this property is well-positioned for both cash flow and long-term appreciation.
Additional Information
- Community Features
- No Pool
- Construction
- Block, Stucco, Brick Veneer
- Cooling
- Central Air, Window/Wall Unit
- Electric
- APS, SRP
- Heating
- Central, Window/Wall Unit(s)
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
- Parking Features
- 1 Space/Unit
- Roofing
- Composition
- Subdivision
- Holiday Park
- Taxes
- $4,245
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas, Cable TV
- Units
- 15
- Water
- Master Meter
- Zoning
- M-H
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Listing courtesy of HomeSmart.