Sunnyslope Ranch

For Sale

1329 E Cinnabar Ave, Phoenix, AZ 85020

This Phoenix property for sale is located at 1329 E Cinnabar Ave. The general use of Sunnyslope Ranch is multi-family and it incorporates 2,943 square feet of class C multi-family space. Contact the listing broker for details on the current sale price for Sunnyslope Ranch. Sunnyslope Ranch is situated on a lot that is 0.6 acre in size.

Contacts

broker

Jeffery Pedersen

Pedersen Commercial RE

Property Details

  • Property Type Multi-Family
  • Property Size 2,943 SF
  • Units 5
  • Lot Size 0.6 Acre
  • Cap Rate % 7.08
  • Rental Income / YR 92400
  • NOI / YR 66528
  • Taxes / YR 2442
  • Zoning R-3
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Parking Spaces Avail. 6
  • Parking Ratio 2.04 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1960
  • Date Updated Jun 17, 2024
  • Construction Type Wood Frame

This multifamily community on Cinnabar Ave is a unique investment opportunity featuring five multifamily apartment units. This property is ideal for those looking to maximize rental income potential in a growing area metro. While the units have been remodeled and well maintained, the homes offer a fantastic blank canvas for value-added improvements.

Each unit boasts individual metering and electricity provided by on site solar panels. Located in a convenient neighborhood close to large employers, shopping, and dining, this property has significant upside potential. With continued property management, 1329 E Cinnabar Ave can become a standout addition to your real estate portfolio.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Private Driveway, Individual metering, backyards, renovated units, and appliances included

Getting around

  • 54/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Phoenix, AZ
  • Neighborhood North Mountain Village
  • Zip Code 85020
  • Market Phoenix

Points of Interest

  • 19th Ave/ Dunlap

    2.82 miles

  • Northern/ 19th Ave

    3.15 miles

  • Glendale/ 19th Ave

    3.78 miles

  • 19th Ave/ Montebello

    4.68 miles

  • Central Ave/ Camelback

    4.83 miles

  • 7th Ave/ Camelback

    4.93 miles

  • Campbell/ Central Ave

    5.30 miles

  • 19th Ave/ Camelback

    5.30 miles

  • Indian School/ Central Ave

    5.68 miles

  • Osborn/ Central Ave

    6.29 miles

  • Shell

    0.62 miles

  • Union 76

    1.32 miles

  • QuikTrip

    1.37 miles

  • Arco

    1.61 miles

  • QuikTrip

    1.63 miles

  • Circle K

    1.72 miles

  • QuikTrip

    1.74 miles

  • Shell

    2.25 miles

  • Chevron

    2.61 miles

  • Circle K

    2.68 miles

  • Sunnyslope Post Office Parking

    0.68 miles

  • Church Catholic Lot

    1.21 miles

  • Sunnyslope High School

    1.41 miles

  • Myrtle Tunnel Trail Head

    2.46 miles

  • Student Parking Lot

    3.53 miles

  • Faculty Parking Lot

    3.53 miles

  • 19th Ave and Montebello Park and Ride

    4.75 miles

  • Light Rail Park-n-Ride

    4.89 miles

  • Lot E

    5.30 miles

  • Metro Rail Park'n'Ride

    5.33 miles

  • Pointe Hilton Tapatio Cliffs Resort

    1.46 miles

  • Best Western Inns and Suites

    1.54 miles

  • Hilton Phoenix Resort at the Peak

    1.98 miles

  • Homewood Suites by Hilton Phoenix-Metro Center

    3.63 miles

  • Sheraton Crescent Hotel

    3.64 miles

  • Comfort Suites

    3.64 miles

  • Quality Inn Phoenix North I-17

    3.67 miles

  • Hyatt Place Phoenix-North

    3.68 miles

  • Residence Inn

    3.73 miles

  • Premiere Inns

    3.76 miles

  • Fry's Food and Drug

    0.52 miles

  • Desert Mission Food Bank

    0.95 miles

  • Walmart Neighborhood Market

    1.28 miles

  • Yasha From Russia

    2.31 miles

  • Bashas'

    2.44 miles

  • Safeway

    2.59 miles

  • Sprouts Farmers Market

    2.68 miles

  • El Rancho Market

    2.69 miles

  • Imperial Market and Deli

    2.70 miles

  • American Freight

    2.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jeffery Pedersen

Pedersen Commercial RE