Property Details

This is a rare opportunity to acquire a 7-unit multifamily property in the heart of Downtown Phoenix with seller financing already in place at a highly favorable 3.5% interest rate.

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The property consists of 7 units with a total of 10 bedrooms and 7 bathrooms, spanning approximately 4,250 square feet. Renovations are currently underway, with demolition and framing completed in 5 of the 7 units. Two units are occupied on month-to-month leases at below-market rents, offering immediate income with clear upside.

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Located in a high-demand urban pocket near employment centers, transit, dining, and cultural hubs, this asset is well positioned for long-term rental operations or a co-living style configuration once renovations are completed.

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Seller financing terms allow a buyer to step into existing low-interest debt, significantly reducing financing friction and improving cash flow potential compared to current market rates.

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Property Highlights

• 7-unit multifamily property
• 10 bedrooms / 7 bathrooms total
• Approx. 4,250 SF
• Mid-renovation (demo + framing completed in 5 units)
• Two occupied units on month-to-month leases
• Strong downtown Phoenix location
• Flexible exit and operational strategies

Seller Financing Overview

• Purchase Price: $1,345,000
• Down Payment: $175,000
• Seller-Financed Balance: approx. $1,170,000
• Interest Rate: 3.5%
• Monthly P&I: $5,230
• Balloon Date: August 20, 2032
• Buyer responsible for taxes and insurance

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This structure reflects capital already invested into the property and allows the next owner to acquire a partially renovated asset with in-place low-rate financing and meaningful value-add upside in one of Phoenix’s strongest rental submarkets.