7238 E Belleview (7240, 7302) Street Scottsdale, AZ 85257

Sold 4/21/22 for $3,420,000 with Seller Financing. $285/unit and $427/sf. S. Scottsdale 12 unit package sale next to SkySong! Rare opportunity to acquire three identical four unit buildings that are
contiguous. 7238, 7240, and 7302 E. Belleview St (all 4 unit buildings) consist of 2668 SF/bldg (8004 total SF). Unit mix includes three large 1 bedroom units (625 /-SF) w/ a 2 bedroom unit (800 /- SF). R-5 MF zoning. 7020 SF lots (21060 total). Near the SkySong development .Just east of Scottsdale Rd/south of McDowell Rd near Old Town and ASU. Proforma rents 1's @ $1500/unit and 2's @ $2000/unit (in current condition). All copper plumbing & electric per seller. Value-add. All m-t-m leases with current actual rents averaging $925/unit. Waived financing offers preferred.