2014 W BERRIDGE Lane
Property Description
Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.
Broker Details
Balboa Real Estate (949) 247-8811
MLS ID: OCCORSCOL State License Number: 02011047
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,780,000 |
| No. of Units: | 18 |
| Year Built: | 1961 |
| Opportunity Zone: | No |
| Price per unit: | $210,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 40 |
| Number of Bathrooms: | 26 |
ID: 3yd-ARMLSAZ-6946527
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