Description
Apartments on Latham at 1609 West Latham Street, Phoenix, Arizona 85007. Offered at the reduced OM price of $1,500,000. The offering includes 12 multifamily units plus an existing retail space with potential conversion to an additional residential unit, subject to approvals. Existing residential unit mix: five studios, five one-bedroom/one-bath units and two two-bedroom/two-bath units. The potential retail conversion is not counted as an existing residential unit.
Parcels 111-16-054 and 111-16-056. Centrally located near Downtown Phoenix with freeway access. The OM describes existing income and potential value-add upgrades; current occupancy, leases, rents and conversion feasibility should be verified with Zack Mishkin and Leo Pataq.
Offering Summary
- Asking Price$1,500,000
- Property TypeMultifamily
Documents
Property Address
1609 West Latham Street
Phoenix, AZ 85007
Property Details
- Property Type
Multifamily - Total Units
12 - APN
111-16-054, 111-16-056
Deal Team
