$3,105,000
Scottsdale, AZ 85251
MLS# 7014299

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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.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,105,000
List Price: $3,105,000
Status: Active
List Date: 2026-04-14
Location, Tax & Legal
Assessor's Map #: 47
Legal Description (Abbrev): LOT 51 HOLIDAY PARK MCR 007614
Assessor's Parcel #: 95
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Scottsdale
Census Tract: 217501
Taxes: 4245
Legal: LOT 51 HOLIDAY PARK MCR 007614
Marketing Name: Holiday Park
House Number: 3220
Compass: N
Street Name: 66TH
St Suffix: Place
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6119
County Code: Maricopa
Subdivision: HOLIDAY PARK
Assessor Number: 130-47-095-A
Tax Year: 2025
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 15
Lot Size Dimensions: 158 x 158
Total # of Units: 15
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Year Built: 1958
Zoning: M-H
Legal Info
Range: 4E
Section: 27
Township: 2N
Lot Number: 51
Project Type
13 - 24 Units: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Brick Veneer: 1
Roofing
Composition: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4245
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 3105000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Central: 1
Window/Wall Unit(s): 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Private: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 7
Avg Rent: 1100
Avg SqFt: 650
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 1200
Avg SqFt: 725
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.485159
Geo Lon: -111.937806
Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Stucco; Brick Veneer
Roofing: Composition
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator; Microwave
Heating: Central; Window/Wall Unit(s)
Cooling: Window/Wall Unit; Central Air
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS; SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: Combo
Existing 1st Loan: Private
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Last Updated: April - 16 - 2026
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