Back to search
2014 W BERRIDGE Lane Phoenix, AZ $ 5,760,000
Share Save
$ 5,760,000 Get more info
2014 W BERRIDGE Lane
$ 5,760,000
Back to search
Share Save

2014 W BERRIDGE Lane

Phoenix, AZ, 85015
$ 5,760,000
Baths0.0

Monthly Estimate*

$ 40,235

2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 1
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 2
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 3
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 4
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 5
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 6
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 7
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 8
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 9
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 10
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 11
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 12
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 13
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 14
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 15
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 16
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 17
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 18
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 19
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 20
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 21
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 22
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 23
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 24
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 25
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 26
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 27
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 28
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 29
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 30
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 31
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 32
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 33
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 34
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 35
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 36
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 37
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 38
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 39
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 40
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 41
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 42
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 43
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 44
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 45
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 46
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 47
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 48
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 49
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 50
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 51
2014 W BERRIDGE Lane, Phoenix, AZ 85015 - Image 52
Studio

Multi-Family Home for sale in Phoenix, AZ

for $5,760,000. This home was built in 1961.

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.

See more
Multi-Family Active

Price

$ 5,760,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,188

Style

Multiple Dwellings

Year Built

1961

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6688318
Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Individual Electric
Roof Built-Up
Zoning R-4
Construction Materials Brick Veneer Painted Stucco Stone Block
Year Built 1961
Electric Individual Meter
Tenant Pays Electricity
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 402068.88
Community Features Clubhouse Manager Res/Office Pool
County Maricopa
Net Operating Income 365695.0
Operating Expense 48810.0
Insurance Expense 5409.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name PARK MARYLAND AMD
Garage Y/N N
Status Active
Directions I17 exit at Camelback Road. Head west on Camelback Road until you reach 19th Avenue. Take a right onto 19th Avenue and proceed north for about half a mile. Then take a left onto W. Berridge Lane.
City Phoenix
Buyer Agent Compensation 1.75
Disclosures None
View Y/N N
High School District Glendale Union High School District
Open Parking Spaces 1.0
Total Units 18
Lot Size Square Feet 0.0
Carport Y/N N
Street Name BERRIDGE
Tax Annual Amount 7188.0
Electric Expense 1940.0
Fuel Expense 0.0
Trash Expense 1626.0
Water Sewer Expense 11479.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 20
Standard Status Active
Elementary School District Washington Elementary District
Tax Lot 10
Cap Rate 6.35
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
See more
Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Lane
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 19.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 130' x 215'
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 18.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 2014
See more
* Excluded Features
List By
Homesmart

Broker

corsmeiercollin@gmail.com

Email

Affordability Calculator

$40,834
Per Month
99%
1%
0%
Monthly Principal & Interest
$40,235
Monthly Property Taxes
$599
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4327134 Elementary School
4327258 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$5,760,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

2014 W BERRIDGE Lane, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $5,760,000. 2014 W BERRIDGE Lane is a studio with 0.0 baths and was built in 1961. The property's zip code is 85015 which is in Phoenix, AZ

Get more info