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Rossmore Apartments
Phoenix, AZ
About this property
Rossmore Apartments is an attractive 16 unit single story garden style apartment complex. The unit mix consists of large 2 bedroom, 2 bath floor plans around 950 sq ft. Close to the I-17 and the 19th ave light rail station, the building is well situated for easy access to numerous employment hubs around Phoenix.
We are currently renovating all interior units and redesigning the exterior facade in order to maximize rents.
No. of Units
16
Key Metrics
Projected IRR: 16.6%
Equity Multiple: 1.9x
Purchase Date
August 24th, 2021
Hold Period
5 Years
Acquisition Price
$2,560,000
Year Built
1969
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