Sunnyslope Ranch

1329 E Cinnabar Ave, Phoenix, AZ 85020

  • For Sale Contact for pricing
  • 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

Contacts

broker

Jeffery Pedersen

Pedersen Commercial RE

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • 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

  • El Rinconcito D.F.

    0.71 miles

  • Scrambles

    0.71 miles

  • Il Posto

    0.72 miles

  • Burger King

    0.73 miles

  • Los Reyes de la Torta

    0.81 miles

  • Mexican Bakery

    0.82 miles

  • Subway

    0.95 miles

  • McDonald's

    0.98 miles

  • Long John Silver's

    1.08 miles

  • Taco Bell

    1.08 miles

  • Montessori

    0.41 miles

  • Lincoln Learning Center

    1.01 miles

  • Sunnyslope School

    1.01 miles

  • Trinity School

    1.15 miles

  • Desert View School

    1.26 miles

  • Montessori Day Public School

    1.71 miles

  • Mountain View Elementary

    1.80 miles

  • Mercury Mine School

    1.80 miles

  • Shea Middle School

    1.84 miles

  • Desert Cove Elementary School

    1.87 miles

  • Tutor Time

    4.39 miles

  • Happy Days

    5.04 miles

  • Biltmore Bible Day Care Center

    5.19 miles

  • Sunrise Preschool

    5.66 miles

  • Tutor Time

    6.97 miles

  • Today’s Tomorrow Learning Center

    7.68 miles

  • Robins Nest Child Care

    7.68 miles

  • Tutor Time

    7.75 miles

  • Tutor Time

    8.04 miles

  • Mind & Body Kids

    9.68 miles

Frequently Asked Questions

How much does Sunnyslope Ranch cost?

The sale price for Sunnyslope Ranch is available upon request. Contact the listing broker for more information.

What is the total square footage of Sunnyslope Ranch?

Sunnyslope Ranch totals 2,943 square feet.

When was this property built?

Sunnyslope Ranch was built in 1960.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Jeffery Pedersen

Pedersen Commercial RE