School District: 040 - Glendale Elementary District
Address: 7102 N 45TH Avenue
Neighborhood: Glen Court
Property Taxes: $0
Glen Court Apartments was built in the early 1960's and offers a nice bite-sized value-add opportunity for an investor. The property consists of 8 units with 8 one bedroom units, one 2 bedroom unit and a 4 bedroom / 2 bath unit. All of the units except two of them have washer/dryer hookups. Two of the units have been fully remodeled, leaving the remainder of the units for an investor to put their own touch on and create additional value. The property sits on a large 25,573 sf lot (.59 acres) lot allowing for a ton of open space and parking. An investor could easily create private yard space for some of the units or some nice common area amenities. A basic remodel on the remaining 6 units would definitely allow for a push in rents while still remaining a very affordable price point.
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