2104 E EUGIE Terrace, Phoenix, AZ 85022

$2,640,000

Property Type: Multiple Dwellings Status: Active

Current Price: $2,640,000 Last Modified: 3/01/2025

Description

View 21 Apartments is comprised of 14 large two bed/two bath units with new in unit washer/dryers, VIEW 21 offers investors immediate upside by continuing to bring all units to proven market rents even though rents have been increased over the past 2 years, there is still room to increase them even further. There is further value add through finishing the partially renovated units to better leverage unit mix, location and amenities. Project has covered parking, new roofs and a gated updated pool. Vacant old laundry room next to pool adds further opportunity to provide amenity or added income through storage units. This desirable asset is located in a strong rental demand area with easy access to infrastructure and employment in North Central Phoenix.

More Information MLS# 6828549

Contract Info

Current Price: $2,640,000 List Price: $2,640,000 Status: Active List Date: 2025-03-01 Ownership: Fee Simple

Location Tax Legal

House Number: 2104 Compass: E Street Name: EUGIE St Suffix: Terrace City/Town Code: Phoenix State/Province: AZ Zip Code: 85022 Zip4: 5193 Country: USA County Code: Maricopa Subdivision: SUN & SAND BLK 6 Assessor Number: 166-10-004 Tax Year: 2024

General Property Description

Lot Size Dimensions: .55 Year Built: 1985 Uncvrd Parking Spcs: 14 Total # of Units: 14 # of Buildings: 2 Zoning: R3 Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District Elementary School: Hidden Hills Elementary School Jr. High School: Shea Middle School High School: Shadow Mountain High School

Remarks Misc

Cross Street: Cave Creek and Sweetwater Directions: N on N Cavecreek Rd from E Sweetwater Ave; then W on E Eugie Terrace; then N on N 21st Place to NW corner of E Eugie Terrace and intersection with N 21st Place. Geo Lat: 33.610493 Geo Lon: -112.037774

Status Change Info

Status Change Date: 2025-03-01

Legal Info

Township: 3N Range: 3E Section: 15 Block: 1 Lot Number: 4

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 14 Avg Rent: 877 Avg SqFt: 950 # Baths: 2

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted; Stucco Roofing: Comp Shingle Floors: Vinyl Sale Includes: Land & Building Community Amenities: Pool Exterior Amenities: Desert Landscaping Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher Cooling: Electric Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking: Carport Owner Pays: Water; Trash Collection Tenant Pays: Electric Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Other (See Remarks) Environmental: None

Listing Office: Tradelands Realty

Last Updated: March - 01 - 2025

2104 E EUGIE Terrace, Phoenix, AZ 85022 (MLS# 6828549)