3220 N 66th Place, Scottsdale, AZ 85251

$3,105,000

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List Price
$3,105,000
Days on Market
119
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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