Exterior
multifamilyApartment Complexcommercial
9414 University Ave, Phoenix, AZ 85001
Description
Turnkey property with professional management in place. Ideal for investors seeking passive income.
Property Details
Building Size
27,270 SF
Lot Size
91,504 SF
Year Built
1991
For Sale
VerifiedAsking Price
$15,510,000
Cap Rate
9%
Net Operating Income
Actual$1,395,900
Gross Income$1,954,260
Operating Expenses$558,360
Vacancy Rate6%
Occupancy: 95%
For Lease
VerifiedRent Price
Call for Offers/mo
Lease TypeGross
Available2025-05-01
Min Divisible1,876 SF
Max Contiguous14,236 SF
Listed by
Mike Johnson
investor
Last verified: 7/10/2026