Courtesy of Better Homes & Gardens Real Estate SJ Fowler
Property Description
Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 11 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix’s prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 10 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection and common area maintenance. Inquire within for the ”Offering Memorandum”. OWNER WILL CARRY AT 4.50% INTEREST.”
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Built-In Range
- Disposal
- Dishwasher
- Built-In Gas Oven
- Microwave
- W/D Hookup
- Other equipment: Satellite Dish
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Bathrooms
- 22 total bathrooms
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Bedrooms
- 22 total bedrooms
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Building
- Built in 1973
- 2 buildings
- Construction Materials: Painted, Block
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Community
- Pool
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Cooling
- Central Air
- Electric
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Disclosures
- None
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Expenses
- Insurance: $3,771
- Operating: $35,303
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Floors
- Ceramic Tile
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Heating
- Electric
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Income
- Gross Income: $189,624
- Gross ScheduledIncome: $189,624
- Net Operating Income: $149,328
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Listing
- Listing ID: 7030971
- Standard Status: Active
- MLS Status: Active
- 107 days on market
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Location
- Subdivision: MADISON PARK GARDENS SOUTH
- County/Parish: Maricopa
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Lot
- Dimensions: Multiple-12 Individual Condos (Inquire w/Lister)
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Parking
- 11 covered spaces
- 11 total parking spaces
- Assigned
- <1 Space Per Unit
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Roof
- Composition
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Schools
- Elementary School: Madison #1 Elementary School
- Elementary School District: Madison Elementary District
- High School District: Phoenix Union High School District
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Security Features
- Security Light(s)
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 163-26-069
- Public Survey Range: 3E
- Public Survey Section: 22
- Annual Amount: $512
- Tax Book Number: 163.00
- Lot: 32
- Year: 2025
- Zoning: Rental Resident
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Utilities
- Water Source: City Franchise
- SRP
- Individual Meter
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This content last updated on September 4, 2026 11:18PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.