2014 W Berridge Lane, Phoenix, AZ, 85015

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$5,760,000
40 Days Online

2014 W Berridge Lane
Phoenix, AZ 85015

For Sale|Multi-Family|Active
Subdivision:
Park Maryland Amd
County:
Maricopa

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

2014 W Berridge Lane2014 W Berridge Lane2014 W Berridge Lane2014 W Berridge Lane
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Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354, 339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.

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Listing Snapshot
Price 
$5,760,000
Days Online 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1961
MLS® Number 
6688318
Status 
Active
Property Tax 
$7,188
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Construction 
Brick VeneerStuccoStoneBlock
Parking 
1 Space/ Unit
Parking Spaces 
19
Sewer 
Public Sewer
Acreage 
0
Cross Street 
N 19th Ave & W. Berridge Ln
Attached Garage 
No
Zoning 
R-4
Interior Features
Cooling 
IndividualElectric
Heating 
IndividualElectric
Appliances 
F/ S Oven/ RangeMicrowaveWasher/ Dryer
Flooring 
Vinyl
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Exterior Features
Roof 
Built- Up
Community Features
Township 
2N
Community Features 
ClubhouseManager Res/ OfficePool
Schools
School District
Washington Elementary District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of HomeSmart.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-05-16 09:35 PM UTC

Neighborhood & Commute
Source: Walkscore
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